No place to enter house loss due to water damage out of pocket cost for us was 1000.00 where do I put that figure

[SweetieJean]

A sudden flood, or a slow leak?

[Carl]

I'm thinking this will be dealt with under the Deductions & Credits tab in the Casualty & Thefts section, when you get to it.

[thefred114]

I know but it doesn't let me put in a dollar figure

[SweetieJean]

That section may not be complete yet.

[Anita01 · Accepted solution]

It's not that simple to enter a casualty loss.  You have to follow the steps and answer the questions.  The loss is determined by changes in fair market value, not just a set figure of out of pocket expense.  You may find it's not worth wading through it because $100 is deducted from your loss amount and then 10% of your Adjusted gross Income is subtracted.  If your AGI is over $10,000, you would have no deductible loss.

[DoninGA]

The Casualty and Theft section is available (test done using Deluxe edition with a $1,000 loss)

• Click on Federal Taxes
• Click on Deductions and Credits
• Click on I'll choose what I work on or Skip to see all tax breaks
• Scroll down to Other Deductions and Credits 
• On Casualties and Thefts, click the start or revisit button