{"id":466054,"date":"2017-10-05T08:02:51","date_gmt":"2017-10-05T14:02:51","guid":{"rendered":"https:\/\/maddoxthomson.com\/?p=466054"},"modified":"2022-09-21T16:25:34","modified_gmt":"2022-09-21T22:25:34","slug":"other-casualtyour-tax-return","status":"publish","type":"post","link":"https:\/\/maddoxthomson.com\/other-casualtyour-tax-return\/","title":{"rendered":"Other Casualty And Theft Losses You Can Claim On Your Tax Return"},"content":{"rendered":"
Many affected by Hurricane Harvey will be claiming home, furniture, vehicle and other casualty losses on their tax return. In addition to those losses caused by natural disasters, there are many other casualty and theft losses you can claim on your tax return.<\/p>\n
When reporting the following, remember that each property\u2019s casualty and theft loss is calculated separately. Spoiler alert: the dog ate my furniture does not fly with the IRS.<\/p>\n
Deductible Casualty and Theft losses:<\/p>\n
Nondeductible Casualty and Theft losses:<\/p>\n
Finally, something else to consider is casualty and theft losses of property used in performing services as an employee can also be reported on your tax return.<\/p>\n
The specific rules applying to these deductions can be complicated, so you may want to consult a tax professional if you are considering these deductions.<\/p>\n","protected":false},"excerpt":{"rendered":"
Many affected by Hurricane Harvey will be claiming home, furniture, vehicle and other casualty losses on their tax return. In addition to those losses caused by natural disasters, there are many other casualty and theft losses you can claim on your tax return. When reporting the following, remember that each property\u2019s casualty and theft loss…<\/p>\n","protected":false},"author":8,"featured_media":466661,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"authors":[],"_links":{"self":[{"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/posts\/466054"}],"collection":[{"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/comments?post=466054"}],"version-history":[{"count":1,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/posts\/466054\/revisions"}],"predecessor-version":[{"id":466908,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/posts\/466054\/revisions\/466908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/media\/466661"}],"wp:attachment":[{"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/media?parent=466054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/categories?post=466054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddoxthomson.com\/wp-json\/wp\/v2\/tags?post=466054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}