H.R. 6938 · 118th Congress

Tax Relief for Victims of Crimes, Scams, and Disasters Act

Stage
In committee
Introduced
2024-01-10
Latest action
2024-01-10 · Introduced in House

Summary

Tax Relief for Victims of Crimes, Scams, and Disasters Act

This bill reinstates the tax deduction for certain personal casualty losses (e.g., resulting from crimes, scams, natural disasters) by eliminating the suspension period (2018-2025) on such deduction.

The bill also extends the period for filing an amended return for claiming personal casualty losses.