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#1
03-08-2007, 04:23 AM
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 Re: Personal property LOSS (Formerly personel property loose) Herb Smith wrote: - quote - > ree...[at]yahoo.com wrote:
Y`ou might want to refer this to the Misc.Legal.Moderated> > I had a storage building broken into on a piece of property > > I own. The homeowner insurance only paid out $5,000 on a > > $30,000 dollar loss. They used excuses like depreciation, > > no coverage on certain items due to being used for personel > > use instead of farm use. Can I take this loss off my 2006 > > taxes and what form do I use? > Start with form 4684 and then go to Schedule A. group to determine whether you have recourse against the insurance company. Many of them are low-balling claims. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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03-07-2007, 09:08 AM
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| Re: personel property loose On Mar 6, 2:44=EF=BF=BDam, ree...[at]yahoo.com wrote: - quote - > I had a storage building broken into on a piece of property
Start with form 4684 and then go to Schedule A.> I own. =A0The homeowner insurance only paid out $5,000 on a > $30,000 dollar loss. =A0They used excuses like depreciation, > no coverage on certain items due to being used for personel > use instead of farm use. =A0Can I take this loss off my 2006 > taxes and what form do I use? << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
03-06-2007, 09:44 AM
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| personel property loose I had a storage building broken into on a piece of property I own. The homeowner insurance only paid out $5,000 on a $30,000 dollar loss. They used excuses like depreciation, no coverage on certain items due to being used for personel use instead of farm use. Can I take this loss off my 2006 taxes and what form do I use? << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| loose, personel, property |
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