Skip to main content
Employee
April 14, 2025
Question

Clarification to my previous post.

  • April 14, 2025
  • 1 reply
  • 0 views

I did reduce my Casualty Loss by the Insurance reimbursement, so it was #135,000 - $64,000 = $71,000.

    1 reply

    JohnB5677
    April 14, 2025

    Thank you for the clarification, but what was the original question?

    If it was how to enter a Casualty Loss?

     Select Tax Tools

    • You may have to minimize both the Federal and State options by clicking the Down Arrows on the Sidebar.
    • You will then clearly see Tax Tools
    • Click the arrow to up to see additional options
    1. Once you can work on Tax Tools
    2. On the drop-down select Tools
    3. There will be 3 or 4 green boxes
    4. Select Topics Search
    5. Type Casualty [GO]
    6. You will see Did you have anything damaged or stolen during a recent federal disaster?

    A disaster can be one of the hardest things to go through. We'll help you claim any personal losses or losses on business property due to:

    1. Continue through the interview.

     

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