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ikepatton
New Member

I need to input deductions for a catastrophic loss (our home flooded in 2016)

 
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Accepted Solutions
PaulaM
Employee Tax Expert

I need to input deductions for a catastrophic loss (our home flooded in 2016)

You can deduct casualty losses if you are itemizing on schedule A . 

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type 'casualties and thefts' in the box, then select GO

https://www.irs.gov/pub/irs-pdf/p547.pdf 

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
PaulaM
Employee Tax Expert

I need to input deductions for a catastrophic loss (our home flooded in 2016)

You can deduct casualty losses if you are itemizing on schedule A . 

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type 'casualties and thefts' in the box, then select GO

https://www.irs.gov/pub/irs-pdf/p547.pdf 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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