- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How do I file for a business loss due to a nature disaster which caused lack of work
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How do I file for a business loss due to a nature disaster which caused lack of work
The IRS unfortunately, does not allow a deduction or credit for income not received.
However, you may be able to claim any casualty losses due to a natural disaster..
See Casualty and Theft Losses
https://ttlc.intuit.com/questions/1901178-casualty-and-theft-losses
Related discussions
view allStill have questions?
Make a post
Or browse the Forums