Deduct Costs Of Stinky Chinese Drywall From Your Taxes

You can get some money if your home was ruined by defective Chinese drywall that emitted nasty-ass sulfuric fumes. The IRS yesterday said that homeowners could treat the damages to both their homes and appliances as a casualty loss and deduct it from their taxes.

Hit the link to see if you qualify and learn how to calculate the amount of the loss.

IRS Provides Relief for Homeowners with Corrosive Drywall [IRS via Consumer Reports Money Blog]

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Chinese Poison Drywall Creates Sulfuric Acid Inside Homes