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My car was stolen twice in 2024 and State Farm did not give me everything that I deserve so can I write anything off on my taxes?

I just want to know can I write property off that my renters insurance did not cover
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1 Reply
Vanessa A
Expert Alumni

My car was stolen twice in 2024 and State Farm did not give me everything that I deserve so can I write anything off on my taxes?

No.  You cannot take a deduction for a loss on stolen personal property whether or not it was covered by insurance. 

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