Beginning in 2018, a personal casualty loss deduction is only allowed for losses occurring in a Federally-declared disaster area.

Name: Beginning in 2018, a personal casualty loss deduction is only allowed for losses occurring in a Federally-declared disaster area.
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Starting in 2018, a personal casualty loss deduction is only allowed for losses that occur in a Federally-declared disaster area, according to the Tax Cuts and Jobs Act.

Beginning in 2018, a Personal Casualty Loss Deduction Is Only