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My home received over 100,000 damage due to city sewage. The city paid in the form of a grant. Can I claim cost of repairs

 
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2 Replies
maglib
Level 11

My home received over 100,000 damage due to city sewage. The city paid in the form of a grant. Can I claim cost of repairs

@regina-mach   If you received compensation to cover the costs then no, that would be double dipping.

The grant is non-taxable income and if it covered all your costs, you can not deduct the expense unless you reported the grant as income as well.  

**I don't work for TT. Just trying to help. All the best.
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I am NOT an expert and you should confirm with a tax expert.

My home received over 100,000 damage due to city sewage. The city paid in the form of a grant. Can I claim cost of repairs

I had to report it as income 

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