Skip to main content
February 17, 2025
Question

Do I need to put in my taxes if i had damage to my home and filed an insurance claim, but no loss

  • February 17, 2025
  • 3 replies
  • 0 views
i had roof and shed damage, but insurance covered it. so no loss financially. Do i need to put in tax return

    3 replies

    SharonD007
    February 17, 2025

    No, you don't need to include your home damage on your tax return.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
    DoninGA
    February 17, 2025

    No, you do not need to report that insurance payment.

     

    Casualty and theft losses are not reported on a federal tax return unless they occurred in a federally declared disaster area.

    February 17, 2025

    There is nothing to enter in a tax return about that.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**