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Form 4684 (2007) Page Attachment Sequence No. 26 Name(s) shown on tax return. Do not enter name and identifying number if shown on other side. 2 Identifying number SECTION Business and IncomeProducing

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What is form 4684?

Form 4684 is used to report gains and losses due to casualties and thefts for individuals, trusts, and estates.

Who is required to file form 4684?

Taxpayers who have suffered losses due to casualties or thefts and want to claim a deduction on their tax return are required to file form 4684.

How to fill out form 4684?

To fill out form 4684, taxpayers need to provide details about the property lost, the date of the casualty or theft, the amount of loss, insurance reimbursements, and any other relevant information.

What is the purpose of form 4684?

The purpose of form 4684 is to calculate and report any losses incurred due to casualties or thefts, in order to claim a deduction on the taxpayer's tax return.

What information must be reported on form 4684?

Taxpayers must report details about the property lost, the date and cause of the casualty or theft, the fair market value of the property before and after the loss, insurance reimbursements received, and any other information relevant to the loss.

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