Are damages not reimbursed by moving company deductible? Tax Year 2021

[fkhalilz]

I searched the TT Community and found contradicting responses to this question. So I'd like to be sure before I entering it into TT.

We moved in 2021 from Texas to California. We had a terrible moving experience to say the least. After a lot of back and forth, calls, emails, etc. they partially reimbursed us for some of the damages.

Q1. I can deduct such losses?

Q2. Is my understanding correct that I would need to itemize to get this deduction?

Q3. Can I simply claim the difference between the total claimed amount and what was covered by the moving company as my loss? I hope I don't have to list each individual damaged item because there are many!

Q4. Is the highlighted line where I enter this into TT? What data do I need for this claim?

Thank you!

[ThomasM125]

You cannot deduct the loss, as casualty and theft losses are only deductible under current federal tax law for federally declared disasters.

[fkhalilz]

So, where can I deduct this loss then?

[AamilD]

You cannot deduct that loss since its not tax deductible.