If the fire meets the criteria of a casualty, disaster or theft loss; then you can deduct it here: Federal Taxes >>> Deductions & Credits >>> scroll down to the last section Other Deductions and Credits >>> click Start next to Casualties and Thefts
It sounds like your condo fire meets the IRS criteria:
Casualty Losses - A casualty loss can result from the damage, destruction, or loss of your property from any sudden, unexpected, or unusual event such as a flood, hurricane, tornado, fire, earthquake, or volcanic eruption. A casualty doesn't include normal wear and tear or progressive deterioration.
If your property is personal-use property or isn't completely destroyed, the amount of your casualty loss is the lesser of:
- The adjusted basis of your property, or
- The decrease in fair market value of your property as a result of the casualty
If your property is business or income-producing property, such as rental property, and is completely destroyed, then the amount of your loss is your adjusted basis.
Learn more:
https://www.irs.gov/taxtopics/tc515.html
Note that this deduction is limited by $100 per incident and then 10% of about your total income (AGI - a subtotal on your return), which is applied after any insurance payments. It's also an itemized deduction.
