Involuntary conversion is the theft or damage of property without the owner's consent, such as partial or total destruction, theft, condemnation, or the sale or exchange of property...
It is no longer possible for the 2018-2025 fiscal years to claim accidental loss and personal property theft as itemized deductions unless your claim is declared as a federally declared...
You can generally deduct losses from accidents and thefts related to your home, household items, and vehicles if the loss is caused by a federally declared disaster declared by the...