Personal casualty and theft losses of an individual, sustained in a tax year beginning after 2017, are deductible only to the extent they’re attributable to a federally declared disaster. The loss deduction is subject to the $100 limit per casualty and 10% of your adjusted gross income (AGI) limitation.
Was it a barn that he kept all of his toys in, or was it a barn that he kept all of his cows and sheep in for his farming business? The devil is always in the details.
and ex marks the spot where those rocks and anvils hit me.