karlqb-crunchco n
Level 1
04-11-2021
05:50 PM
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It doesn't show exactly on the workpaper of PCTO and it might had been hidden or something.
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sjrcpa
Level 15
04-11-2021
06:40 PM
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That does not sound like a casualty loss. Or are you saying there was a casualty, and this was an additional expense?
And, can they even take a casualty loss deduction? Read up on the rules for 2020.
The more I know the more I don’t know.
karlqb-crunchco n
Level 1
04-11-2021
07:03 PM
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There was a big storm. One of the branches was removed to avoid falling to the house, neighbor's house, and the street.
sjrcpa
Level 15
04-11-2021
07:26 PM
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That's not a 4684 casualty loss.
The more I know the more I don’t know.