Deductible Casualty Losses
What casualty losses are tax
deductible?
Deductible casualty losses can result from a
number of different causes such as causes shown in the list
below:
-
Car accidents
-
Earthquakes
-
Fires
-
Floods
-
Explosions
-
Hurricanes
-
Mine cave-ins
-
Shipwrecks
-
Sonic booms
-
Storms
-
Terrorist attacks
-
Tornadoes
-
Vandalism
-
Volcanic eruptions
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