Had motorcycle stolen...only had liability so insurance did not cover it..is...
...the loss tax deductable? Got motorcycle stolen, only had liablity insurance so this was not covered...I have been reading articles that said it is tax deductable if the amount exceeds 10 percent of my AGI. so if I make 50k and the loss is 10k....I should be able to tax deduct 5k...am I doing this right or is it even tax deductable?
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