Do I need to reports as income an insurance reimbursement for theft?

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Do I need to reports as income an insurance reimbursement for theft?

You will not need to report this as income, unless you have previously taken a deduction for the theft loss.

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Do I need to reports as income an insurance reimbursement for theft?

You will not need to report this as income, unless you have previously taken a deduction for the theft loss.

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