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January 31, 2025
Question

My car was robbed. My personal property inside was stolen. No reimbursement from insurance. How I do I deduct the loss?

  • January 31, 2025
  • 1 reply
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Can I deduct personal property loss due to a robbery?

    1 reply

    DoninGA
    Employee
    January 31, 2025

    Casualty and Theft losses are not deductible on a federal tax return unless they occurred in a federally declare disaster area.