If someone hit me (they were found to be at fault) and totalled my car, is that considered a "property loss?"

Vander_ali · ‎January 25, 2026

I received no money for the accident, the car, or the injuries we received yet.

xmasbaby0 · ‎January 25, 2026

Sorry---casualty losses are not deductible on your federal tax return. Hope you and the other driver had insurance.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Mike9241 · ‎January 25, 2026

so neither the OP or you had insurance? That makes it a legal issue. This is an income tax forum. Legal advice outside of taxes is not provided. as @xmasbaby0 said "no deduction".

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If someone hit me (they were found to be at fault) and totalled my car, is that considered a "property loss?"