Paul-G-328
Level 4
03-30-2022
07:29 AM
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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.
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Level 15
03-30-2022
07:59 AM
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TCJA in 2018 took away casualty losses unless they were due to a federally declared disaster.
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