What expenses related to being burned out of my home by a fire can I deduct? I had to stay in AirBnBs and I did a partial move out and back in.
(Could this count as a "disaster" of some kind? The damage to our building was due to arson.)
04560
4 Replies
xmasbaby0
Level 15
May 8, 2022 2:37:02 PM
So sorry for your dreadful fire-related expenses. But unless you were in an area that has been declared a federal disaster area--such as a wildfire area, you cannot deduct anything for the fire on your federal return. When the tax laws changed for 2018 and beyond, casualty and theft losses were eliminated as a federal deduction unless you are in a disaster area.