Topic Thread

Casualty loss

  • 1.  Casualty loss

    Posted 10-10-2018 21:11
    i need help in finding a method to value the cost of bushes and hedges purchased years back, as part of the home included in the purchase of the home.

    They had a casualty loss and now i must fill in the costs to match against loss.     how would this be accomplished   ?


    Abby

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    Abby Alhante
    KURCIAS & ALHANTE, CPAs LLC
    Melville NY
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  • 2.  RE: Casualty loss

    Posted 10-11-2018 15:14

    The IRS has developed worksheets which accompany their publications.  It should be a guide.