Wildfire Victims Might Be Eligible For Quick Tax Refunds - KPBS

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Wildfire Victims Might Be Eligible For Quick Tax Refunds KPBS Typically, taxpayers must deduct losses only in the year of the disaster, FTB officials said. The advantage of claiming damages in the prior year is that the loss will generally reduce the prior year tax liability, creating a refund that the tax board ...

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