We had a power surge in our home, this was caused by a tree falling from a storm. How can I use this as a deduction?

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Sorry---you cannot deduct casualty losses unless they occur in a federal disaster area. Your damage is not deductible.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

even if in a federally declared disaster area, you would need to file an insurance claim. The tax laws do not want to pay, via a tax deduction, for losses covered by insurance.

I had a slab leak caused by broken water supply lines under my house. My homeowners insurance did not cover the cost of repairs. Are the cost of repairs deductible?

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We had a power surge in our home, this was caused by a tree falling from a storm. How can I use this as a deduction?