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Level 2
posted Mar 18, 2020 10:02:11 AM

IT-196 FORM LINE 24 SAYS I HAVE INCURRED A LOSS FROM TOT. WHAT IS THAT MEAN

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1 Replies
Expert Alumni
Mar 18, 2020 12:19:00 PM

IT-196, line 24, is used to deduct the costs of proving that you had a property loss. Examples of these costs are appraisal fees and photographs used to establish the amount of your loss.  Please see New York Form IT-196 instructions for more information.