Joined: 26 Jan 2010
Online Status: Offline Posts: 17
Posted: 12 Feb 2011 at 13:23 | IP Logged
Hurricane damage occurred in 2008, and insurance reimb occurred in 2009. Does TP take full loss on 2008 without regard to insurance recovery? Do we show reimbursed amount on 2009 return as income?
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Topic: casualty loss
Topic Closed)
