Skip to main content
Level 2
April 11, 2021
Question

Should I report under Form 4684 the expenses incurred from taking a branch completely down to avoid falling to the house, after a big storm? Where will it be reported?

  • April 11, 2021
  • 1 reply
  • 9 views
It doesn't show exactly on the workpaper of PCTO and it might had been hidden or something.
This topic has been closed for replies.

1 reply

sjrcpa
Level 15
April 11, 2021

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.
Level 2
April 12, 2021

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
April 12, 2021

That's not a 4684 casualty loss.

The more I know the more I don’t know.