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Level 4
June 30, 2020
Question

Property loss

  • June 30, 2020
  • 1 reply
  • 8 views

my client had a residential loss not due to a disaster has the rule changed that she can longer take the loss

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1 reply

Just-Lisa-Now-
Intuit Community Champion
June 30, 2020

Yes, TCJA took away personal casualty losses unless they were due to a federally declared disaster.

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