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I had about $20,000 in household goods and professional equipment stolen from a rental storage unit back in 1997. My father put the stuff in there and didn't have it insured. Neither his insurance nor mine would cover any losses. To get to the point, I didn't know that I could claim this theft on my taxes last year. So the question is...can I claim this theft for the 1998 tax year? Since I'm on the subject, I had an investment loss of $9000.00 in 1995 and I'm just becoming aware now that I could have claimed that on my taxes as well. Obviously, I should have been more educated about taxes back then. Can I claim this loss for 1998 or back date this some how? Thanks for the help.
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