Financial loss or loss of property arising from a sudden, unexpected event such as an accident.
Related information about casualty loss:
- Casualty loss - Wikipedia, the free encyclopedia
A casualty loss is a type of tax loss that is a sudden, unexpected, or unusual event. Damage or loss resulting from progressive deterioration of property through a ...
- Tax Topics - Topic 515 Casualty, Disaster, and Theft Losses ...
Sep 12, 2012 ... A casualty loss can result from the damage, destruction or loss of your property from any sudden, unexpected, or unusual event such as a flood, ...
- Publication 584 (06/2012), Casualty, Disaster, and Theft Loss ...
In figuring a casualty loss on personal-use real property, the entire property ( including any improvements, such as buildings, trees, and shrubs) is treated as one ...
- Casualty & Theft Losses
If your deposit at the bank, savings & loan, credit union, or other financial institution was a federally insured deposit, then you may claim a casualty loss.
- Casualty Loss Deductions for Tax Purposes - Agricultural and ...
Casualty Loss Deductions for Tax Purposes. Taxloss.cas by. Guido van der Hoeven. Extension Specialist/Lecturer. Department of Agricultural and Resource ...
- Casualty Losses & the IRS
The IRS definition of a casualty loss is a sudden, unexpected, or unusual event, such ... In determining your deductible casualty loss, two basic problems exist.
- Casualty Loss Rules Differ for Personal and Business Property ...
May 24, 2012 ... casualty losses, theft, accident, casualty, fire, flood, loss, casualty loss.
- Income Tax Deduction for Timber Casualty Loss - National Timber Tax
Determining the Amount of Casualty Loss. Deductible casualty loss for timber held for business or investment purpose is the smaller of the adjusted basis ...