DoninGAI suggest you read my posts again more carefully. I did not suggest to anybody that the Hurricane is not already designated as afederal disaster area. Th...
UPDATEHurricane Ian is still not a "Qualified Loss Disaster" for purposes of avoiding the 10% AGI limitation.https://www.rickscott.senate.gov/2023/3/sens-[produ...
Your understanding of the current tax law is correct. However, it is hard for me to believe that Hurricane Ian would not eventually be classified as a "Qualifyi...
DoninGA- The ChampThe IRS makes no mention on this URL provided if Hurricane Ian is a "Qualified Disaster Loss". One can still take a casualty loss, as the IRS ...
