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stolen jeweries

Lito12-_
Level 1

how to deduct jewelries stolen in a burglary? I filled up Form 4684 but am not able to come up with the deductions.

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Just-Lisa-Now-
Level 15
Level 15

They took away casualty/theft losses with TCJA in 2018...only federally declared disaster losses are allowed now.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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Just-Lisa-Now-
Level 15
Level 15

They took away casualty/theft losses with TCJA in 2018...only federally declared disaster losses are allowed now.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Lito12-_
Level 1

What is TCJA 2018? Thank you.

 

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Just-Lisa-Now-
Level 15
Level 15

The Tax Cuts and Jobs Act that went into effect for 2018?   Are you a new preparer?  This should have been covered in your continuing education that you participated in throughout the year.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪