TaxAudit Blog

Tag: casualty losses

House Burned Down

Is there relief from the government in the form of a tax break? Like many things in taxes, this can depend on different things, such as what caused the fire.

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Flooded Apartment

For federal tax purposes, there is no deduction available at this time. However, the loss may or may not be deductible on your state tax return.

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woman looking at home after disaster

Have you or someone you know experienced loss from a disaster? You may be able to deduct the loss you incurred on your federal income tax return.

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