S. 1773: Tax Relief for Victims of Crimes, Scams, and Disasters Act

S. 1773 is a federal bill in the 119th Congress. Taxpayers who suffer financial damage from unexpected events like burglaries, fraud, or natural disasters will once again be able to deduct those losses on their federal income taxes. Before this bill, a 2017 law suspended personal casualty loss deductions… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.