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April 23, 2024
Question

I had a house fire in 2022 - are my non reimbursed expenses tax deductible?

  • April 23, 2024
  • 1 reply
  • 0 views
we had a house fire and the insurance company only covered part of my expenses.  can the non reimbursed costs be tax deductible?

1 reply

DoninGA
Employee
April 23, 2024

Sorry, no.  Casualty and theft losses are not deductible on a federal tax return unless they occurred in a federally declared disaster area.