I had two trips cancelled and lost deposits due to COVD - can I deduct these?

[xmasbaby0]

No.   Sorry but those are personal expenses that are not deductible on your tax return.

[JeffreyR77]

Not directly.  Any expenses you incurred related to the cancelled trips are deductible.  The loss of income or the refund of deposits are not deductible as expenses.

[jerrybillietax2000]

I recently cancelled a trip as I was in an ICU before the trip was scheduled to leave.  Dr said to cancel trip.  I incurred a loss of 25000$

Can this be a casualty loss?

TIA jerry

[xmasbaby0]

Sorry--no.   Hope you are feeling better.   But the only time you can enter casualty loss on a federal return now since the tax laws changed for 2018 and beyond is if you have a loss in a federally declared disaster area.