Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Form 4684 - Casualty Loss - from Damage from Deteriorating Concrete Foundations

Paul-G-328
Level 4

Has anybody had experience with the topic above? In the instructions for the Form 4684 it indicates how to file for this special loss (2017-60) but then the program disallows it, saying on line 4h it's not a declared disaster. Is there some other form to take this credit? My client had to spend over $100K to correct this.

0 Cheers
1 Best Answer

Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15
TCJA in 2018 took away casualty losses unless they were due to a federally declared disaster.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

0 Cheers
1 Comment 1
Just-Lisa-Now-
Level 15
Level 15
TCJA in 2018 took away casualty losses unless they were due to a federally declared disaster.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers