Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
S
Susie599
June 6, 2019
Question

We had a house robbery 12/01/2015, wasn't settled until 2016 - can I deduct any of the losses in 2016? They weren't claimed in 2015.

  • June 6, 2019
  • 1 reply
  • 0 views
No text available

1 reply

PatriciaV
PatriciaV
Employee
June 6, 2019

Yes, you may be able to report a Casualty Loss for the difference between what the insurance reimbursed and the loss of market value of your property.

See this post for more information, including where to enter this in TurboTax:

https://ttlc.intuit.com/replies/3301959

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification