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Allowable excess casualty and theft losses and depreciation . Do not include interest on a loan that did not benefit the dwelling unit .The amount for this line is shown on Form 4684 , Casualties and Thefts Do not include specially allocated ordinary gains and losses or net gains or
Use a separate Form 4684 through line 12 for each casualty or theft involving property not used in a trade or business or for income-producing purposes. For
A completed federal Casualties and Thefts (use California amounts) (Form 4684) · A copy of your federal income tax return · Any supporting federal schedules that
▷ Go to irs.gov/Form4684 for instructions and the latest information. ▷ Attach to your tax return. ▷ Use a separate Form 4684 for each casualty or theft.
Form 4684: Casualties and Thefts is an IRS form to report gains or losses from casualties and theft which may be deductible and reduce taxable income.
Learn more about IRS Form 4684 with detailed instructions from the tax experts at H&R Block. Find out if you qualify for a theft or casualty loss deduction.
Information about Form 4684 and its separate instructions is at Use a separate Form 4684 for each casualty or theft. OMB No. 1545-0177. 2016. Attachment.