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https://www.taxaudit.com/tax-audit-blog/can-i-deduct-the-value-of-my-stolen-diamond-ring
Aug 27, 2015 · Therefore, the theft of your diamond ring does meet the IRS guidelines, and it would be a qualified loss under the Internal Revenue Code and deductible on your personal tax return. But there is …
https://pocketsense.com/can-claim-jewelry-taxes-8250373.html
First, you reduce your total jewelry loss resulting from the theft by $100. From this amount, you must then subtract 10 percent of your Adjusted Gross Income (AGI). The result is the amount of your tax deduction. You will find your AGI at the very bottom of the first page to your Form 1040.
https://www.justanswer.com/tax/04fg3-deduct-loss-jewelry-stolen-home.html
16,375 satisfied customers. I had shingles stolen at $599.62 and $8,040.00 of my jewelry. I had shingles stolen at $599.62 and $8,040.00 of my jewelry stolen in 2008; insurance will cover 2500.00 on jewelry and o on the shingles because i cannot turn in 2 claims and them drop me. Police re …Estimated Reading Time: 4 mins
https://www.irs.gov/publications/p547
Theft loss deduction limited. For tax years 2018 through 2025, if you are an individual, casualty and theft losses of personal-use property are deductible only if the losses are attributable to a federally declared disaster (federal casualty loss). ... $5,000 for jewelry, and $10,000 for a stamp collection. The jewelry and stamp collection were ...
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