My cabin was vandalized. Quotes to repair are $31870. Insurance will only pay $9700. Can I ask for a tax break for the difference?

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My cabin was vandalized. Quotes to repair are $31870. Insurance will only pay $9700. Can I ask for a tax break for the difference?

A casualty or theft loss is not deductible for a personal residence, not used as a rental or in a business, on a federal tax return due to the tax code changes in effect for tax years 2018 thru 2025.

My cabin was vandalized. Quotes to repair are $31870. Insurance will only pay $9700. Can I ask for a tax break for the difference?

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My cabin was vandalized. Quotes to repair are $31870. Insurance will only pay $9700. Can I ask for a tax break for the difference?

My cabin was vandalized. Quotes to repair are $31870. Insurance will only pay $9700. Can I ask for a tax break for the difference?

My cabin was vandalized. Quotes to repair are $31870. Insurance will only pay $9700. Can I ask for a tax break for the difference?

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My cabin was vandalized. Quotes to repair are $31870. Insurance will only pay $9700. Can I ask for a tax break for the difference?

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My cabin was vandalized. Quotes to repair are $31870. Insurance will only pay $9700. Can I ask for a tax break for the difference?

My cabin was vandalized. Quotes to repair are $31870. Insurance will only pay $9700. Can I ask for a tax break for the difference?

Unlock tailored help options in your account.

Get more help

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