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June 6, 2019
Question

How do I file for a business loss due to a nature disaster which caused lack of work

  • June 6, 2019
  • 1 reply
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    1 reply

    Employee
    June 6, 2019

    The IRS unfortunately, does not allow a deduction or credit for income not received.

    However, you may be able to claim any casualty losses due to a natural disaster..

    See Casualty and Theft Losses

    https://ttlc.intuit.com/questions/1901178-casualty-and-theft-losses