This was a personal car not used for business.
You'll need to sign in or create an account to connect with an expert.
If you itemize deductions, then you may qualify to claim a casualty and theft loss deduction on Schedule A. In order to benefit by itemize deductions, your total itemized deductions must be higher than your standard deduction. Please view the Turbo tax FAQ below for more information.
Please view the Turbo Tax FAQ below for more information about the casualty deduction.
If you itemize deductions, then you may qualify to claim a casualty and theft loss deduction on Schedule A. In order to benefit by itemize deductions, your total itemized deductions must be higher than your standard deduction. Please view the Turbo tax FAQ below for more information.
Please view the Turbo Tax FAQ below for more information about the casualty deduction.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Martz62
New Member
Godel
Returning Member
b3dukes
New Member
LAT1114
Returning Member
caroline-thomas
New Member