Discussion:Form 4684 - Insurance Change

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Discussion Forum Index --> Tax Questions --> Form 4684 - Insurance Change

Dwlacroix (talk|edits) said:

30 March 2007
Per Pub 547

"If you later receive less reimbursement than you expected, include that difference as a loss ... on your return for the year in which you can reasonable expect no more reimbursement."

Client received $15,000 less from insurance company than we estimated on Form 4684 in 2004 (Hurricane Ivan damage). Not sure how to put this on 2006 Form 4684.

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