• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Propery Damage Loss Deductability

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

A

alfam05

Guest
I had property damage loss this year due to my basement flooding. Would claiming this loss on my income tax increase my return amount? I've been told two different stories: that I should file and that it wouldn't matter. Which is right? The state is MI.
 



Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top