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  • 2011 Form 4684

Get 2011 Form 4684

The IRS has created a page on IRS.gov for information about Form 4684 and its instructions at www.irs.gov/form4684. Instructions for Form 4684 Department of the Treasury Internal Revenue Service Casualties and Thefts Section references are to the Internal Revenue Code unless otherwise noted. General Instructions What s New Future developments. Electing large line 11. S corporations enter on Form 1120S Schedule K line 12d. Next to that line enter .

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Form 4684 is a U.S. Internal Revenue Service (IRS) form for reporting gains or losses from casualties and thefts that occurred because of a federally declared disaster and which may be deductible for taxpayers who itemize deductions.

Claiming the Loss For property held by you for personal use, you must subtract $100 from each casualty or theft event that occurred during the year after you've subtracted any salvage value and any insurance or other reimbursement.

A theft is the taking and removal of money or property with the intent to deprive the owner of it. The taking must be illegal under the law of the state where it occurred and must have been done with criminal intent.

Start with the total loss for each casualty or theft event to calculate your deduction. Then subtract any salvage value, any insurance or other reimbursements, and $100. Add up the remaining value of each event for the year, and then subtract 10% of your adjusted gross income (AGI) from that total.

Go to .irs.gov/Form4684 for instructions and the latest information. Attach to your tax return. Use a separate Form 4684 for each casualty or theft. SECTION A—Personal Use Property (Use this section to report casualties and thefts of property not used in a trade or business or for income-producing purposes.

Who Can File Form 4684: Casualties and Thefts? Casualties and thefts of personal property are only deductible if they can be attributed to a federally declared disaster. The IRS allows an exception to this rule for individuals who have personal casualty gains.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232