Is theft of personal property tax deductible? If the stolen items were not recovered, would fair market value be the same for pre and post event?

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Is theft of personal property tax deductible?

Not on federal return. States may have the deduction.

If the stolen items were not recovered, would fair market value be the same for pre and post event?

Pre has value and when it is gone it is worthless.

Sorry--theft losses are not deductible on a federal tax return since the tax laws changed for 2018 and beyond.

**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.**

Schedule E: No expenses are deductible because we didn't rent it and used it for ourselves. Do we have to report the expenses?

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Is theft of personal property tax deductible? If the stolen items were not recovered, would fair market value be the same for pre and post event?

Is theft of personal property tax deductible? If the stolen items were not recovered, would fair market value be the same for pre and post event?

Is theft of personal property tax deductible?

Not on federal return. States may have the deduction.

If the stolen items were not recovered, would fair market value be the same for pre and post event?

Pre has value and when it is gone it is worthless.

Is theft of personal property tax deductible? If the stolen items were not recovered, would fair market value be the same for pre and post event?

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Is theft of personal property tax deductible? If the stolen items were not recovered, would fair market value be the same for pre and post event?

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Is theft of personal property tax deductible? If the stolen items were not recovered, would fair market value be the same for pre and post event?

Is theft of personal property tax deductible?

Not on federal return. States may have the deduction.

If the stolen items were not recovered, would fair market value be the same for pre and post event?

Pre has value and when it is gone it is worthless.

Is theft of personal property tax deductible? If the stolen items were not recovered, would fair market value be the same for pre and post event?

Get more help

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