The Housing and Economic Recovery Act of 2008 offers a new option to homeowners who previously claimed a casualty loss deduction resulting from hurricanes Katrina, Rita and Wilma. See the news release, notice and questions and answers for further details.
For a definition of the Midwestern Disaster Area for Various Provisions of the Tax Extenders and AMT Relief Act of 2008, see Notice 2008-109
Recent Tax Relief
Relief for Victims of Storms and Flooding in Hawaii
Relief for Victims of Wildfires in California see News Release
Relief for Victims of Hurricane Ike in Texas and Louisiana