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No, you cannot deduct these damages. The deduction for personal casualty or theft losses has been eliminated unless the loss occurred in a federally-declared disaster area and was directly caused by the disaster.
Please see this FAQ for additional information:
No, you cannot deduct these damages. The deduction for personal casualty or theft losses has been eliminated unless the loss occurred in a federally-declared disaster area and was directly caused by the disaster.
Please see this FAQ for additional information:
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