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Level 1
July 11, 2020
Solved

Theft

  • July 11, 2020
  • 1 reply
  • 15 views

Employer did not returned my wife's tooling ($4544.00) even after lawyer made written request. How can we report this as loss in our tax return?

    Best answer by CatinaT1

    This is not something you can report.  Casualty theft and losses are limited to losses in a Federally Declared Disaster area.

    1 reply

    CatinaT1
    CatinaT1Answer
    Level 15
    July 11, 2020

    This is not something you can report.  Casualty theft and losses are limited to losses in a Federally Declared Disaster area.

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