Index of Publication 547 - Casualties, Disasters, and Thefts (Business and Nonbusiness)

A

Abatement of interest and penalties, Abatement of interest and penalties.

Accidents, Deductible losses., Nondeductible losses.

Adjusted basis, Adjusted Basis

Adjustments to basis, Basis adjustment to corporation's property., Adjustments to Basis

Amended returns, Amended return.

Appraisals, Appraisal., Costs of photographs and appraisals.

Assistance, See: Tax help

B

Bad debts, Nonbusiness bad debt.

Basis:

Adjusted, Adjusted Basis

Adjustments to, Basis adjustment to corporation's property., Adjustments to Basis

Replacement property, Basis of replacement property.

Business or income-producing property, Business or income-producing property.

Business purposes, property used partly for, Property used partly for business and partly for personal purposes.

C

Cars:

Accidents, Deductible losses.

Fair market value of, Car value.

Cash gifts, Cash gifts.

Casualty losses, Table 3. When To Deduct a Casualty or Theft Loss

Deductible losses, Deductible losses.

Definition, Casualty

Deposits, loss on, Casualty loss or ordinary loss.

Nondeductible losses, Nondeductible losses.

Progressive deterioration, Progressive deterioration.

Proof of, Casualty loss proof.

When to report, Losses.

Workbooks for listing property, Workbooks for casualties and thefts.

Clean up costs, Cost of cleaning up or making repairs.

Comments on publication, Comments and suggestions.

Condemnation, Condemnations.

Corrosive drywall, Special Procedure for Damage From Corrosive Drywall

Costs:

Appraisals, Costs of photographs and appraisals.

Clean up, Cost of cleaning up or making repairs.

Incidental expenses, Related expenses.

Landscaping, Landscaping.

Photographs taken after loss, Costs of photographs and appraisals.

Protection, Cost of protection.

Repair, Cost of cleaning up or making repairs.

Replacement, Replacement cost.

D

Death of taxpayer:

Postponement of gain, Death of a taxpayer.

Deductible losses, Deductible losses.

Deduction limits, Deduction Limits

$100 rule, $100 Rule

10% rule, 10% Rule

2% rule, 2% Rule

Deposit losses, A car door is accidentally slammed on your..., Table 3. When To Deduct a Casualty or Theft Loss

Reporting of (Table 1), Table 1. Reporting Loss on Deposits

When to report, Loss on deposits.

Disaster area losses, If you lease property from someone else,...

Claiming on amended return, Claiming a disaster loss on an amended return.

Federal loan canceled, Federal loan canceled.

Federally declared disaster, Business or income-producing property located in a federally declared disaster area., A federally declared disaster is a disaster...

Figuring loss deduction, Figuring the loss deduction.

Form 1040X, How to report the loss on Form 1040X.

Home made unsafe, Home made unsafe by disaster.

How to deduct loss in preceding year, How to deduct your loss in the preceding year.

Inventory, Disaster loss to inventory.

Main home rules, Main home in disaster area., Gains.

Qualified disaster mitigation payments, Qualified disaster mitigation payments.

Qualified disaster relief payments, Qualified disaster relief payments.

Records to keep, Records.

Tax deadlines postponed, Covered disaster area.

When to deduct, When to deduct the loss.

Table 3, Table 3. When To Deduct a Casualty or Theft Loss

Disaster mitigation payments, Qualified disaster mitigation payments.

Disaster relief grants, Disaster relief.

Drywall, corrosive, Special Procedure for Damage From Corrosive Drywall

Due dates:

Tax deadlines postponed, Postponed Tax Deadlines

E

Employer's emergency disaster fund, Employer's emergency disaster fund.

F

Fair market value (FMV):

Decline in value of property in or near casualty area, Decline in market value of property in or near casualty area.

Measuring decrease in, Decrease in Fair Market Value

Items not to consider, Figuring Decrease in FMV — Items Not To Consider

Items to consider, Figuring Decrease in FMV — Items To Consider

Federal disaster relief grants, Federal disaster relief grants.

Federal Emergency Management Agency (FEMA), contacting, Contacting the Federal Emergency Management Agency (FEMA)

Federally declared disasters, Business or income-producing property located in a federally declared disaster area., A federally declared disaster is a disaster...

Figuring gain, You have a deductible business casualty loss...

Figuring loss, Figuring the Deduction, It is important that you have records that...

Adjusted basis, Adjusted Basis

Disaster area losses, Figuring the loss deduction.

Insurance and other reimbursements, Insurance and Other Reimbursements

Form 1040, Schedule A, Schedule A (Form 1040), Itemized Deductions...

Form 1040, Schedule D, Schedule D (Form 1040), Capital Gains and...

Form 1040X:

Disaster area losses, How to report the loss on Form 1040X.

Form 4684:

Reporting gains and losses on personal-use property, Form 4684, Casualties and Thefts., Form 4684, Casualties and Thefts.

Free tax services, How To Get Tax Help

G

Gains:

Figuring, Figuring a Gain

Postponement of, Postponement of Gain, How To Postpone a Gain

Reimbursements, Gain from reimbursement.

Reporting of, If you live in an area that was declared...

When to report, To postpone reporting your gain, file an...

H

Help, See: Tax help

I

Incidental expenses, Related expenses.

Insurance, Insurance and Other Reimbursements

Living expenses, payments for, Insurance payments for living expenses.

Interest abatement, Abatement of interest and penalties.

Inventory losses, Loss of inventory.

Disaster area losses, Disaster loss to inventory.

L

Landscaping, Landscaping.

Leased property, Leased property.

When to report, Lessee's loss.

Losses:

Casualty, See: Casualty losses

Deposits, See: Deposit losses

Disaster areas, See: Disaster area losses

Figuring amount, See: Figuring loss

Proof of, If you recover an amount you deducted as...

Records of, It is important that you have records that...

Reporting of, If you live in an area that was declared...

Theft, See: Theft losses

When to report, To postpone reporting your gain, file an...

(Table 3), Table 3. When To Deduct a Casualty or Theft Loss

M

Married taxpayers:

Deduction limits, Married taxpayers., Married taxpayers.

Mislaid or lost property, Mislaid or lost property.

Missing children, photographs of, Photographs of missing children.

More information, See: Tax help

N

Nonbusiness bad debts, Nonbusiness bad debt.

Nondeductible losses, Nondeductible losses.

P

Payments for living expenses, Insurance payments for living expenses.

Penalty abatement, Abatement of interest and penalties.

Personal property:

Loss deduction, figuring of, Personal property.

Personal-use property:

Reporting gains and losses, Personal-use property.

Personal-use real property, Exception for personal-use real property.

Photographs:

Documentation of loss, Costs of photographs and appraisals.

Ponzi-type investment schemes, Losses from Ponzi-type investment schemes.

Postponed tax deadlines, Postponed Tax Deadlines

Postponement of gain, Postponement of Gain, How To Postpone a Gain

Amended return, Amended return.

Changing mind, Changing your mind.

Replacement property acquired after return filed, Replacement property acquired after return filed.

Replacement property acquired before return filed, Replacement property acquired before return filed.

Required statement, Required statement.

Substituting replacement property, Substituting replacement property.

Three-year limit, Three-year limit.

Proof of loss, Proof of Loss

Protection costs, Cost of protection.

Publications, See: Tax help

R

Records of loss, It is important that you have records that...

Recovered stolen property, Recovered stolen property.

Reimbursements:

Cash gifts, Cash gifts.

Disaster relief, Disaster relief.

Employer's emergency disaster fund, Employer's emergency disaster fund.

Failure to file a claim, Failure to file a claim for reimbursement.

Received after deducting loss, Reimbursement Received After Deducting Loss

Types of, Types of Reimbursements

Related expenses, Related expenses.

Related person, replacement property bought from, Buying replacement property from a related person.

Repair costs, Cost of cleaning up or making repairs.

Replacement cost, Replacement cost.

Replacement period, Replacement Period

Extension of, Extension.

Replacement property, Replacement Property

Advance payment, Advance payment.

Basis adjustment to corporation's property, Basis adjustment to corporation's property.

Basis of, Basis of replacement property.

Main home, Main home replaced.

In disaster area, Main home in disaster area.

Postponement of gain, Replacement property acquired before return filed.

Reporting gains and losses, Reporting a gain., How To Report Gains and Losses

Basis, adjustments to, Adjustments to Basis

Business and income-producing property, Business and income-producing property.

Deductions exceeding income, If Deductions Are More Than Income

Deposits, How to report.

Table 1, Table 1. Reporting Loss on Deposits

Disaster area losses, How to report the loss on Form 1040X.

Personal-use property, Personal-use property.

Timing of, When To Report Gains and Losses

S

Sentimental value, Sentimental value.

State disaster relief grants for businesses, State disaster relief grants for businesses.

Stolen property, See: Theft losses

Suggestions for publication, Comments and suggestions.

T

Tables and figures:

Reporting loss on deposits (Table 1), Table 1. Reporting Loss on Deposits

When to deduct losses (Table 3), Table 3. When To Deduct a Casualty or Theft Loss

Tax help, How To Get Tax Help

Taxpayer Advocate, Taxpayer Advocate Service.

Theft losses, Theft

FMV of stolen property, FMV of stolen property.

Mislaid or lost property, Mislaid or lost property.

Proof of, Theft loss proof.

When to deduct (Table 3), Table 3. When To Deduct a Casualty or Theft Loss

When to report, Losses.

Workbooks for listing property, Workbooks for casualties and thefts.

Timber loss, Timber loss.

TTY/TDD information, How To Get Tax Help

W

Workbooks for property lost due to casualties and thefts, Workbooks for casualties and thefts.