457419
You'll need to sign in or create an account to connect with an expert.
if you are running a business, the loss becomes a business casualty loss
if personal or hobby, only if it occurred in and during a declared federal disaster. and then it becomes an itemized deduction
if you are running a business, the loss becomes a business casualty loss
if personal or hobby, only if it occurred in and during a declared federal disaster. and then it becomes an itemized deduction
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
fkinnard
New Member
john
New Member
aubutndan
Level 2
vgutierrez65
New Member
vgutierrez65
New Member