According to the IRS, if your home or personal belongings are damaged or destroyed by a hurricane, you may be eligible to claim a casualty loss deduction on your tax return. A casualty loss is defined as any property damage that is sudden, unexpected, or unusual. However, certain criteria must be met, and the loss must stem from a federally declared disaster. This article will delve into the details of deducting home improvements from hurricane damage and provide guidance on how to claim this deduction. Key Takeaways: Homeowners may be able to deduct home improvements from hurricane damage through casualty
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