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Affidavit Lightning Losses by Repairman or Appraiser Form

Affidavit Lightning Losses by Repairman or Appraiser Form

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Instructions and help about Affidavit Lightning Losses By Repairman Or Appraiser

hey there youtube so in this video i wanted to cover irs form 4684 this is to report casualties and theft losses that you can take as a deduction on your tax return so you're going to generally be filing this if you're an individual taxpayer and you have either a personal property like let's say a car for example or a piece of real estate that's either you know a second home or your primary home that was completely damaged or significantly damaged in um what the uh federal government would consider a federally declared disaster right so these are things like hurricanes wildfires earthquakes flooding if the federal government and specifically fema designates the area and the event as a federally declared disaster then you can take a casualty loss deduction for the amount of your loss that wasn't covered by insurance so in this example here we have john taxpayer uh he's an individual lives in florida and so john had his vehicle destroyed du

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