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posted Jan 31, 2025 10:34:02 AM

My car was robbed. My personal property inside was stolen. No reimbursement from insurance. How I do I deduct the loss?

Can I deduct personal property loss due to a robbery?

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1 Replies
Level 15
Jan 31, 2025 10:35:21 AM

Casualty and Theft losses are not deductible on a federal tax return unless they occurred in a federally declare disaster area.