Deducting Casualty, Disaster and Theft Losses at a Glance
You may be able to deduct most uncompensated casualty and theft losses relating to your home, household items and vehicles. The loss must be reduced by any salvage value and by any insurance or other reimbursement you receive or expect to receive.
Publication 17, Your Federal Income Tax - Chapter 25, Nonbusiness Casualty and Theft Losses - See Deduction Limits for essential guidance
Publication 547, Casualties, Disasters, and Theft - See Deduction Limits for detailed guidance
Use Publication 584, Casualty, Disaster, and Theft Loss Workbook (Personal-Use Property) to calculate your losses