TAX NEWS - JUNE 2009

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California tax: Disaster Publication Gets a Makeover

June 2009 - Odds are, with the number of disasters to hit the State of California; one of your clients has claimed a disaster loss on their California tax return. Recently, we revised our disaster publication, FTB Pub 1034, Disaster Loss: How to Claim a State Tax Deduction for Your Disaster Loss to help you better understand which disasters are eligible for which tax treatments. You can find information specific to your disaster on page 6 of this publication or our publication series, FTB Pub. 1034A, California Disaster Relief Tax Provisions.
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