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Susie599
New Member

We had a house robbery 12/01/2015, wasn't settled until 2016 - can I deduct any of the losses in 2016? They weren't claimed in 2015.

 
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PatriciaV
Employee Tax Expert

We had a house robbery 12/01/2015, wasn't settled until 2016 - can I deduct any of the losses in 2016? They weren't claimed in 2015.

Yes, you may be able to report a Casualty Loss for the difference between what the insurance reimbursed and the loss of market value of your property.

See this post for more information, including where to enter this in TurboTax:

https://ttlc.intuit.com/replies/3301959

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