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Tax Information for Victims of California Wildfires and Other Disasters

Insurance sent me a check for the loss of my home in the Camp Fire. Is it taxable?

Dec 17, 2018 | Uncategorized

The answer to this and most tax questions is: It depends. There is a potential for the insurance payments to be taxable and it depends on the facts and circumstances of each case. Casualty Loss: If a Home Owner was uninsured (or under-insured) and lost their house,...

Insurance sent me a check for the loss of my home in the Camp Fire. Is it taxable?

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