Internal Revenue Service
Revenue Ruling
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Rev. Rul. 2000-15, 2000-12 IRB
IRC Sec(s). 165
Losses – disaster losses.
Headnote:
For purposes of Code Sec. 165(i) , which allows affected taxpayers to elect to deduct loss in year immediately preceding tax year in which disaster occurred, IRS published list of presidentially-declared disasters areas in 1999.
Full Text:
Under section 165(i) of the Internal Revenue Code, if a taxpayer suffers a loss attributable to a disaster occurring in an area subsequently determined by the President of the United States to warrant assistance by the Federal Government under the Disaster Relief and Emergency Assistance Act, 42 U.S.C. sections 5121-5204c (1988 & Supp. V 1993) (the Act), the taxpayer may elect to claim a deduction for that loss on the taxpayer's federal income tax return for the taxable year immediately preceding the taxable year in which the disaster occurred. For purposes of section 165(i), a disaster includes an event declared a major disaster or an emergency under the Act.
Section 1.165-11(e) of the Income Tax Regulations provides that the election to deduct a disaster loss for the preceding year must be made by filing a return, an amended return, or a claim for refund on or before the later of
(1) the due date of the taxpayer's income tax return (determined without regard to any extension of time to file the return) for the taxable year in which the disaster actually occurred, or
(2) the due date of the taxpayer's income tax return (determined with regard to any extension of time to file the return) for the taxable year immediately preceding the taxable year in which the disaster actually occurred.
The provisions of section 165(i) apply only to losses that are otherwise deductible under section 165(a). An individual taxpayer may deduct losses if they are incurred in a trade or business, if they are incurred in a transaction entered into for profit, or if they are casualty losses under section 165(c)(3).
The President has determined that during 1999 the areas listed below have been adversely affected by disasters of sufficient severity and magnitude to warrant assistance by the Federal Government under the Act.
Drafting Information
The principal author of this revenue ruling is Timothy Sheppard of the Office of Assistant Chief Counsel (Income Tax and Accounting). For further information regarding this revenue ruling, contact Robert M. Casey on (202) 622-4960 (not a toll-free call).
DISASTER AREAS TYPE OF DATE OF
IN 1999 DISASTER DISASTER
----------------------------------------------------------------------
Arizona
County of Maricopa Severe storms, September 14-
flooding, and 23
high winds
Arkansas
Counties of Bradley, Chicot, Severe storms, January 21-31
Clay, Columbia, Drew, Faulkner, tornadoes,
Grant, Greene, Hempstead, and high winds
Independence, Jackson,
Jefferson, Lafayette, Lonoke,
Miller, Monroe, Poinsett,
Pulaski, Randolph, St. Francis,
Saline, and White; and City of
Beebe in White County
California
Counties of Butte, Humboldt, Severe fires August 24-
Napa, Plumas, San Bernardino, November 29
Shasta, Tehama, Trinity,
Tuolome, and Yuba
Colorado
Counties of Bent, Crowley, Severe storms, April 29-May
Custer, Elbert, El Paso, flooding, 19
Fremont, Kiowa, Larimer, Las landslides,
Animas, Otero, Pueblo, and Weld and mudslides
Connecticut
Counties of Fairfield, High winds, September 16-
Litchfield, and Hartford heavy rain and 21
flooding assoc-
iated with
Tropical Storm
Floyd
Delaware
County of New Castle Hurricane September 15-
Floyd 17
Florida
Counties of Alachua, Baker, Bay, Fire hazards April 15-May
Bradford, Brevard, Broward, 25
Calhoun, Charlotte, Clay,
Collier, Columbia, Dade, De
Soto, Duval, Franklin, Gadsden,
Gilchrist, Glades, Gulf,
Hamilton, Hardee, Hendry,
Highlands, Hillsbrough, Holms,
Indian River, Jackson,
Jefferson, Lee, Leon, Levy,
Liberty, Manatee, Marion,
Martin, Monroe, Nassau,
Okeechobee Orange, Osceola, Palm
Beach Pinellas, Polk, Putnam,
Sarasota, Seminole, St. Lucie,
Swannee, Union, Wakulla, Walton,
and Washington
Counties of Brevard, Duval, Hurricane September 13-
Flagler, Glades, Highlands, Floyd 25
Indian River, Martin, Nassau,
Palm Beach, St. Johns, St.
Lucie, and Volusia.
Counties of Broward and Dade Hurricane September 14-
Floyd 16
Counties of Brevard, Broward, Hurricane October 14-24
Collier, Dade, Flagler, Glades, Irene
Hendry, Highlands, Indian River,
Martin, Monroe, Okeechobee,
Orange, Osceola, Palm Beach,
Polk, St. Lucie, Seminole, and
Volusia
Counties of Charlotte, De Soto, Hurricane October 14-19
Hardee, Hillsborough, Lake, Lee, Irene
Manatee, Pasco, Pinellas, and
Sarasota
Georgia
Counties of Candler and Dooly Severe storms April 15
and tornadoes
Counties of Bryan, Camden, Hurricane September 14-
Chatham, Glynn, Liberty, and Floyd 17
McIntosh
Illinois
Counties of Adams, Brown, Record/near January 1-15
Bureau, Calhoun, Cass, record snow
Champaign, Christian, Cook,
DeWitt, Douglas, DuPage, Ford,
Fulton, Greene, Grundy, Hancock,
Henderson, Henry, Iroquois,
Kane, Kankakee, Kendall, Knox,
Lake, La Salle, Livingston,
Logan, Macon, Marshall, Mason,
McDonough, McHenry, McLean,
Mercer, Menard, Morgan,
Moultrie, Peoria, Piatt, Pike,
Putnam, Sangamon, Schuyler,
Scott, Shelby, Stark, Tazewell,
Vermillion, Warren, Will, and
Woodford
County of Jo Daviess Severe storms May 16-17
and flash
flooding
Indiana
Counties of Adams, Allen, Record/near January 1-15
Benton, Blackford, Boone, record snow
Carroll, Cass, Clay, Clinton,
DeKalb, Delaware, Elkhart,
Fayette, Fountain, Fulton,
Grant, Hamilton, Hancock,
Hendricks, Henry, Howard,
Huntington, Jasper, Jay,
Johnson, Kosciusko, Lake,
Lagrange, LaPorte, Madison,
Marion, Marshall, Miami,
Montgomery, Morgan, Newton,
Noble, Parke, Porter,
Pulaski, Putnam, Randolph,
Rush, St. Joseph, Shelby,
Starke, Steuben, Tipton,
Tippecanoe, Vermillion, Vigo,
Wabash, Warren, Wayne,
Wells, White, and Whitley
Iowa
Counties of Black Hawk, Bremer, Severe storms, May 16-29
Buchanan, Butler, Chickasaw, flooding, and
Clayton, Clinton, Crawford, tornadoes
Delaware, Dubuque, Fayette,
Harrison, Jones, Linn,
Montgomery, and Scott
Counties of Black Hawk, Bremer, Severe storms July 2-August
Buchanan, Butler, Cerro Gordo, and flooding 10
Chickasaw, Clayton, Crawford,
Fayette, Floyd, Harrison,
Howard, Jones, Linn, Mills,
Mitchell, Montgomery,
Pottawattamie, Story, Woodbury,
and Worth
Kansas
Counties of Reno, Sedgwick, and Severe storms May 3-6
Sumner and tornadoes
Louisiana
Parishes of Bossier, Caddo, Severe storms, April 3-7
Claiborne, De Soto, and Webster tornadoes,
and flooding
Maine
Counties of Androscoggin, Hurricane September 16-
Cumberland, Kennebec, Oxford, Floyd 19
and Somerset
Maryland
Counties of Anne Arundel, Hurricane September 16-
Calvert, Caroline, Cecil, Floyd 20
Charles, Harford, Kent, Queen
Anne's, Somerset, St. Mary's,
and Talbot
Massachusetts
County of Worcester Fire December 3-13
Michigan
Counties of Alcona, Near record January 2-15
Allegan, Arenac, Barry, snow
Berrien, Cass, Crawford,
Ionia, Iosco, Jackson,
Kalamazoo, Kent, Lawrence,
Lenawee, Macomb, Marquette,
Mecosta, Monroe, Montmorency,
Muskegeon, Newaygo, Oakland,
Oceana, Ogemaw, Osceola,
Oscoda, Otsego, Ottawa,
St. Joseph, Van Buren,
Washtenaw, and Wayne
Minnesota
Counties of Kittston, Marshall, Severe ice March 1-May 30
Pennington, Polk, Red Lake, and storms, flooding
Roseau and heavy rains
Counties of Aitkin, Beltrami, Severe storms, July 4-August
Cass, Clay, Cook, Hubbard, winds, and 2
Itasca, Lake, and St. Louis flooding
Missouri
Counties of Andrew, Cole, Iron, Severe storms April 3-14
Macon, Madison, and Osage and flooding
Nebraska
Counties of Burt, Douglas, and Severe storms August 6-9
Washington and flooding
Nevada
County of Clark Severe storms July 8-16
and flash
flooding
New Hampshire
Counties of Belknap, Cheshire, Tropical Storm September 16-
and Grafton Floyd 18
New Jersey
Counties of Atlantic, Bergen, Hurricane September 16-
Burlington, Camden, Cape May, Floyd 18
Cumberland, Essex, Gloucester,
Hudson, Hunterdon, Mercer,
Middlesex, Monmouth, Morris,
Ocean, Passaic, Salem,
Somerset, Sussex, Union, and
Warren
New Mexico
Counties of Dona Ana, Luna, Severe storms July 16-August
Mora, Rio Arriba, San Juan, and flooding 7
Sandoval, and Sierra; and the
Mescalero Apache Reservation
New York
Counties of Cattaraugus, Near record January 1-15
Chautauqua, Erie, Genesee, snow
Jefferson, Lewis, Niagara,
Orleans, St. Lawrence, and
Wyoming
Counties of Livingston, Monroe, Near record March 3-6
Ontario, Orleans, Wayne, and snow
Wyoming
Counties of Albany, Dutchess, Hurricane September 16-
Essex, Greene, Nassau, Orange, Floyd 18
Putnam, Rensselaer, Rockland,
Schenectady, Schoharie, Suffolk,
Ulster, Warren, and Westchester
North Carolina
Counties of Beaufort, Brunswick, Hurricane August 29-
Carteret, Craven, Currituck, Dennis September 11
Dare, Hyde, New Hanover, Onslow,
Pamlico, and Pender
Counties of Alamance, Anson, Hurricane September 15-
Beaufort, Bertie, Bladen, Floyd November 2
Brunswick, Camden, Carteret,
Caswell, Chatham, Chowan,
Columbus, Craven, Cumberland,
Currituck, Dare, Davidson,
Duplin, Durham, Edgecombe,
Forsyth, Franklin, Gates,
Granville, Greene, Guilford,
Halifax, Harnett, Hertford,
Hoke, Hyde, Johnston,
Jones, Lee, Lenoir, Martin,
Montgomery, Moore, Nash,
New Hanover, Northampton,
Northampton, Onslow, Orange,
Pamlico, Pasquotank, Pender,
Perquimans, Person, Pitt,
Randolph, Richmond, Robeson,
Rockingham, Rowan, Sampson,
Scotland, Stanly, Stokes,
Tyrrell, Union, Vance, Wake,
Warren, Washington, Wayne, and
Wilson
North Dakota
Counties of Barnes, Benson, Severe storms, March 1-July
Bottineau, Burke, Burleigh, flooding, snow 19
Cass, Cavalier, Dickey, Divide, and ice, ground
Eddy, Emmons, Foster, Grand saturation,
Forks, Griggs, Kidder, LaMoure, landslides,
Logan, McHenry, McIntosh, mudslides,
McLean, Mercer, Morton, and tornadoes
Mountrail, Nelson, Pembina,
Pierce, Ramsey, Ransom,
Renville, Richland, Rolette,
Sargent, Sheridan, Sioux,
Steele, Stutsman, Towner,
Traill, Walsh, Ward, Wells, and
Williams; and the Indian
Reservations of the Spirit Lake
Sioux Tribe, Standing Rock Soiux
(that portion of the reservation
that lies within the State of
North Dakota), Three Affiliated
Tribes, and Turtle Mountain Band
of Chippewa
Oklahoma
Counties of Caddo, Canadian, Tornadoes and May 3-5
Cleveland, Craig, Creek, Grady, severe storms
Kingfisher, Latimer, Le Flore,
Lincoln, Logan, McClain, Noble,
Oklahoma, Okmulgee. Ottawa,
Payne, Pottawatomie, and Tulsa
Pennsylvania
Counties of Juniata and McKean Severe storms August 20-21
and flooding
Counties of Dauphin, Lycoming, Severe flash September 6-7
Northumberland, Snyder, and flooding
Union associated
with Tropical
Depression
Dennis
Counties of Berks, Bucks, Hurricane September 16-
Chester, Delaware, Lancaster, Floyd 29
Montgomery, Philadelphia, and
York
Puerto Rico
All 78 municipalities Hurricane November 17-20
Lenny
South Carolina
Counties Allendale, Bamberg, Hurricane September 14-
Barnwell, Beaufort, Berkeley, Floyd 30
Calhoun, Charleston,
Chesterfield, Clarendon,
Colleton, Darlington, Dillon,
Dorchester, Florence,
Georgetown, Hampton, Horry,
Jasper, Kershaw, Lee, Lexington,
Marion, Marlboro, Orangeburg,
Richland, Sumter, and
Williamsburg
South Dakota
County of Shannon and the Pine Severe storms, June 4-18
Ridge Indian Reservation tornadoes, and
and flooding
Tennessee
Counties of Benton, Carroll, Severe storms, January 17-
Crockett, Decatur, Dickson, tornadoes, and February 1
Fayette, Franklin, Giles, high winds
Hardeman, Haywood, Henderson,
Houston, Humphreys, Jackson,
Lauderdale, Lawrence, Lewis,
Madison, Maury, Montgomery,
Perry, Stewart, Warren, and
Wayne
Counties of Cheatham, Chester, Severe storms, May 5-19
Davidson, Decatur, Dickson, tornadoes,
Hardeman, Hardin, Henderson, and flooding
Hickman, Houston, Humphreys,
Lawrence, McNairy, Perry,
Stewart, Sumner, White, and
Williamson
Texas
Counties of Bowie, Gregg, Red Severe storms May 4
River, and Titus and tornadoes
Counties of Anderson, Andrews, Extreme fire August 1-
Angelina, Archer, Armstrong, hazards December 10
Austin, Bailey, Bandera,
Bastrop, Baylor, Bell, Bexar,
Blanco, Borden, Bosque, Bowie,
Brazoria, Brazos, Brewster,
Briscoe, Brown, Burleson,
Burnet, Caldwell, Calhoun,
Callahan, Camp, Carson, Cass,
Castro, Chambers, Cherokee,
Childress, Clay, Cochran, Coke,
Coleman, Collin, Collingsworth,
Colorado, Comal, Comanche,
Concho, Cooke, Coryell, Cottle,
Crane, Crockett, Crosby,
Culberson, Dallam, Dallas,
Dawson, Deaf Smith, Delta,
Denton, DeWitt, Dickens, Donley,
Eastland, Ector, Edwards, El
Paso, Ellis, Erath, Falls,
Fannin, Fayette, Fisher, Floyd,
Foard, Fort Bend, Franklin,
Freestone, Gaines, Galveston,
Garza, Gillespie, Glasscock,
Gonzales, Gray, Grayson,
Gregg, Grimes, Guadalupe,
Hale, Hall, Hamilton, Hansford,
Hardeman, Hardin, Harris,
Harrison, Hartley, Haskell,
Hays, Hemphill, Henderson, Hill,
Hockley, Hood, Hopkins, Houston,
Howard, Hudspeth, Hunt,
Hutchinson, Irion, Jack,
Jackson, Jasper, Jeff Davis,
Jefferson, Johnson, Jones,
Kaufman, Kendall, Kent, Kerr,
Kimble, King, Kinney, Knox,
Lamar, Lamb, Lampasas, Lavaca,
Lee, Leon, Liberty, Limestone,
Lipscomb, Llano, Loving,
Lubbock, Lynn, Madison, Marion,
Martin, Mason, Matagorda,
McCulloch, McLennan, Medina,
Menard, Midland, Milam, Mills,
Mitchell, Montague, Montgomery,
Moore, Morris, Motley,
Nacogdoches, Navarro, Newton,
Nolan, Ochiltree, Oldham,
Orange, Palo Pinto, Panola,
Parker, Parmer, Pecos, Polk,
Potter, Presidio, Rains,
Randall, Reagan, Real, Red
River, Reeves, Roberts,
Robertson, Rockwall, Runnels,
Rusk, Sabine, San Augustine, San
Jacinto, San Saba, Schleicher,
Scurry, Shackelford, Shelby,
Sherman, Smith, Somerveil,
Stephens, Sterling, Stonewall,
Sutton, Swisher, Tarrant,
Taylor, Terrell, Terry,
Throckmorton, Titus, Tom Green,
Travis, Trinity, Tyler, Upshur,
Upton, Uvalde, Val Verde, Van
Zandt, Victoria, Walker, Waller,
Ward, Washington, Wharton,
Wheeler, Wichita, Wilbarger,
Williamson, Wilson, Winkler,
Wise, Wood, Yoakum, and
Young
Counties of Aransas, Brooks, Severe storms August 21-26
Cameron, Duval, Hidalgo, and flooding
Jim Hogg, Jim Wells, Kenedy, caused by
Kleberg, Nueces, San Patricio, Hurricane Bret
Webb, and Wallacy
U.S. Virgin Islands
The U.S. Virgin Islands Hurricane November 16-20
Lenny
Utah
County of Salt Lake Tornado, August 11
severe
thunderstorms
and hail
Vermont
Counties of Bennington, Severe storms September 16-
Caledonia, Essex, Lamoille, and flooding 21
Orange, Orleans, Rutland, associated
Washington, Windham, and Windsor with
Hurricane
Floyd
Virginia
City of Hampton Tropical August 27-
Storm Dennis September 13
Counties of Accomack, Brunswick, Hurricane September 13-
Caroline, Charles City, Floyd 26
Chesterfield, Dinwiddie, Essex,
Fairfax, Gloucester, Greenville,
Halifax, Hanover, Henrico, Isle
of Wight, James City, King and
Queen, King George, King
William, Lancaster, Lunenberg,
Mathews, Mecklenburg, Middlesex,
New Kent, Northampton,
Northumberland, Prince George,
Richmond, Southampton, Surry,
Sussex, Westmoreland, and York,
and Cities of Chesapeake City,
Colonial Heights, Emporia,
Franklin, Hampton, Hopewell,
Newport News, Norfolk, Petersburg,
Poquoson, Portsmouth, Richmond,
Suffolk, Virginia Beach, and
Williamsburg
Wisconsin
Counties of Ashland, Bayfield, Severe storms July 4-31
Douglas, Florence, Iron, Oneida, straight-line
Price, Rusk, Sawyer, and Vilas winds, and
flooding