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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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.

someone stole my sisters refund after it was deposited into her phone they stoler her phone and drained her account but she paid for the full turbo tax package. would that be covered under the insurance agreement and how do we file a claim

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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?

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