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CASUALTY LOSS-WHICH YEAR TO CLAIM&HOW?


Randall

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Working on a past year return.  Client's farm hit by tornado in 2012.  Want to claim the casualty loss in 2013.  I think any 2012 refund is lost.  Is there some input selection for 4684 to carry this over from 2012 to 2013?  Or do I just enter it in 2013?  If I enter it in 2013, how do I show the fixed asset depreciation ending in mid 2012.  That carries over to 4684 in 2012.

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