Detailed text transcripts for TV channel - FOXNEWS - 20121111:18:54:00
Limited to amounts above 10% of your adjusted growth income. rich kopka is managing director of wells health financial planning and says taking the deduction doesn't necessarily mean your tax filing will be a red flag for i.r.s. audit. >> we have to make sure that you are not taking the loss that is inclusive of the insurance. that you will get for coverage. >> now, if you are in a federally declared disaster area, you can amend your 2011 return. that will get you your catastrophe tax deduction more quickly. to find out if you are in effected area go to fema.gov. fema is offering free legal se...