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Old 04-18-2005, 03:53 PM
David Woods, EA, ChFC, CLU
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Default Re: Loss/Theft declared on Taxes

"Harlan Lunsford" <hlunsford[at]bellsouth.net> wrote:
- quote -

> Deodiaus wrote:

> > Can I declare a Loss/Theft the amount of money that my
> > landlord did not return due to a security deposite? The
> > item in dispute was a carpet in a rented apartment.
> > Basically, the landlord kept $300 of my carpet deposite. I
> > did not agree with that value (because he changes the carpet
> > almost every year in between tenants), so I consider it a
> > theft!
> > > How about car towing expences where the original ticket

> > issued was thrown out in court. Can I claim the towing and
> > imponding fees as a loss/theft?


> For both these items, you may claim, declaim, proclaim them
> all you want to, but just don't put them on a tax return and
> try to claim a loss.
> IOW, these are personal expenses, and not deductible.


> Oh I don't know Harlan. The charges tow trucks impose when they know you're

stuck between a rock and a hard place pretty much amounts to theft.

--
David M. Woods, EA, ChFC, CLU
Woods Financial Services
Norwood, MA 02062
www.woods-financial.com

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Old 04-16-2005, 03:34 PM
Harlan Lunsford
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Default Re: Loss/Theft declared on Taxes

Deodiaus wrote:

- quote -

> Can I declare a Loss/Theft the amount of money that my
> landlord did not return due to a security deposite? The
> item in dispute was a carpet in a rented apartment.
> Basically, the landlord kept $300 of my carpet deposite. I
> did not agree with that value (because he changes the carpet
> almost every year in between tenants), so I consider it a
> theft!
> How about car towing expences where the original ticket
> issued was thrown out in court. Can I claim the towing and
> imponding fees as a loss/theft?


For both these items, you may claim, declaim, proclaim them
all you want to, but just don't put them on a tax return and
try to claim a loss.

IOW, these are personal expenses, and not deductible.

ChEAr$,
Harlan Lunsford, EA n LA

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
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Old 04-15-2005, 11:24 PM
Deodiaus
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Posts: n/a
Default Loss/Theft declared on Taxes

Can I declare a Loss/Theft the amount of money that my
landlord did not return due to a security deposite? The
item in dispute was a carpet in a rented apartment.
Basically, the landlord kept $300 of my carpet deposite. I
did not agree with that value (because he changes the carpet
almost every year in between tenants), so I consider it a
theft!

How about car towing expences where the original ticket
issued was thrown out in court. Can I claim the towing and
imponding fees as a loss/theft?

I have the papertrail to both of these incidences?

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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declared, loss or theft, taxes
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