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Mom Confessions Mom Confessions

tax help! theft deduction

Posted by Anonymous   + Show Post
My brother filed his taxes electronically.

He was told after the fact, he can claim the theft of his Ipod and music (value around $1000)

Can he amend his return for this? How does it work?
Posted by Anonymous on Feb. 4, 2013 at 5:10 PM
Replies (41-48):
gilbertgrl627
by Gold Member on Feb. 4, 2013 at 6:14 PM

http://www.irs.gov/pub/irs-pdf/i4684.pdf

Did he file an insurance claim? Did he make a police report?

Quoting Anonymous:

http://www.taxesindepth.com/casualties-theft-tax-deduction.html

Quoting gilbertgrl627:

I have never, ever heard of a "theft deduction" on your taxes. 



wkukid
by Beach Bum on Feb. 4, 2013 at 6:36 PM

Same with my mom. And it happened on Christmas Eve.

Quoting JDmommyJD:

My Aunt too. Someone broke in her house while she was at work and stole everything of value. Lap top, tv, comforters (prob to wrap things with), all her blu ray dvds(she had a ton), guitar, camcorder, digital camera... I mean everything. And there were a ton of picture of me and my kids on her camera, and videos of us all at xmas on her video camera..it makes me nauseous thinking about it!

Quoting wkukid:

Well hell if that's true my mom can get a huge return.


Anonymous
by Anonymous 1 - Original Poster on Feb. 4, 2013 at 8:03 PM
Scam?
Lmao.
I'm sure you take advantage of every possible deduction to you, so shut it.

I did want answers. Not bitchy judgemental answers.
But, i don't expect much from you. You will fall from your high horse one day. Karma has a funny way of making sure everyone gets what they deserve :)

Quoting ElitestJen:

I don't care if people care what I say. Don't ask questions you don't want the answers to. Stop trying to scam the government over lost toys.




Quoting Anonymous:

Who knew you could start a reply being an insulting bitch, and you actually expect people to care what you say.





Quoting ElitestJen:

Lol. Who knew people has selective reading abilities? Congrats!








Quoting Anonymous:

Maybe if you had straight up answered my question, instead of throwing your snide bitchy remarks in, I would have noticed.









Quoting ElitestJen:








Quoting Anonymous:

Please.











Theft of property is a valid tax deduction.


$1000 is not.






I'm guessing you didn't read the rest of what I wrote because you were busy being defensive.



Anonymous
by Anonymous 1 - Original Poster on Feb. 4, 2013 at 8:05 PM
I haven't clicked your link yet, but

He did not file an insurance claim, but
He did file a police report

Quoting gilbertgrl627:

http://www.irs.gov/pub/irs-pdf/i4684.pdf

Did he file an insurance claim? Did he make a police report?


Quoting Anonymous:

http://www.taxesindepth.com/casualties-theft-tax-deduction.html



Quoting gilbertgrl627:

I have never, ever heard of a "theft deduction" on your taxes. 




JDmommyJD
by the sauce is boss on Feb. 4, 2013 at 10:12 PM
I honestly have no idea. I do know she filed a police report, but that's it.

Quoting Anonymous:


Did she file an insurance claim?


Quoting JDmommyJD:

My Aunt too. Someone broke in her house while she was at work and stole everything of value. Lap top, tv, comforters (prob to wrap things with), all her blu ray dvds(she had a ton), guitar, camcorder, digital camera... I mean everything. And there were a ton of picture of me and my kids on her camera, and videos of us all at xmas on her video camera..it makes me nauseous thinking about it!



Quoting wkukid:

Well hell if that's true my mom can get a huge return.




Posted on CafeMom Mobile
JDmommyJD
by the sauce is boss on Feb. 4, 2013 at 10:14 PM
:(

Some people are such scum.


Quoting wkukid:

Same with my mom. And it happened on Christmas Eve.

Quoting JDmommyJD:

My Aunt too. Someone broke in her house while she was at work and stole everything of value. Lap top, tv, comforters (prob to wrap things with), all her blu ray dvds(she had a ton), guitar, camcorder, digital camera... I mean everything. And there were a ton of picture of me and my kids on her camera, and videos of us all at xmas on her video camera..it makes me nauseous thinking about it!



Quoting wkukid:

Well hell if that's true my mom can get a huge return.


Posted on CafeMom Mobile
Alliemad_3
by on Feb. 4, 2013 at 10:17 PM
Yes he can. But he needs to have proof (police report it something) to prove it in case of an audit.

However, that amount wouldn't be enough in return for the hassle of an amendment. We wrote off around $1000 in storm damage costs (same category as theft) and it only upped our return around $50 or so.
Posted on the NEW CafeMom Mobile
Alliemad_3
by on Feb. 4, 2013 at 10:19 PM
Thinking again...I don't see why he would write off the music. Wouldn't that be on his computer? iTunes account?
Posted on the NEW CafeMom Mobile
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