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AR4684 is the Arkansas form for Casualties & Thefts. The federal tax laws changed this deduction for 2018. The deduction for personal casualty or theft losses has been suspended (eliminated) through tax year 2025, unless the loss occurred in a federally-declared disaster area and was directly caused by the disaster. Arkansas did not suspend it so you are able to take this as an itemized deduction without the federal restrictions.
AR4684 is the Arkansas form for Casualties & Thefts. The federal tax laws changed this deduction for 2018. The deduction for personal casualty or theft losses has been suspended (eliminated) through tax year 2025, unless the loss occurred in a federally-declared disaster area and was directly caused by the disaster. Arkansas did not suspend it so you are able to take this as an itemized deduction without the federal restrictions.
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