Todd Matthews

Todd Matthews

Want to know more about Todd Matthews? Get their official bio, social pages & articles!Full Bio

 

Hurricane Damage and Your Taxes

Hurricane Ian 2022 Cloud Map Caribbean Sea 3D Render Neutral

Photo: Getty Images

Regarding hurricane damage and your taxes, here's an excerpt from an article on nbc-2.com:

Property owners can deduct damages they paid for that insurance did not.

“If they had damage to their home or any of their property such as their car…they’re able to claim the loss in fair market value." If you already filed and didn’t make those claims taxpayers can amend their filing.

“Believe it or not they actually have up to three years to claim a refund,” This also includes those who don’t have a total amount for repair costs.

On your tax return you must use the Ian declaration number DR-4673-FL.


Sponsored Content

Sponsored Content