2019 Tax Law Changes

2019 - Itemized deductions- Personal casualty losses

Personal casualty losses occurring in a tax year beginning after December 31, 2017 but before January 1, 2026 are not deductible, unless the loss is incurred as a result of a federally-declared disaster.

Need Professional Help?

If you need help with "2019 Tax Law Changes" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.