BY PAULA BURKESWeather-related losses may be tax-deductible under IRS rules Q: What's a casualty loss, and who can claim the loss on their tax returns? A: The Internal Revenue Service defines it as “the damage, destruction, or loss of property resulting from an identifiable event that is sudden, unexpected or unusual.” If you experience damage to personal, income-producing or business property, you may be able to claim a casualty loss deduction on your income tax return. Q: When is a casualty loss deductible? A: Generally, it's deductible for the year in which the loss occurred.Read more on NewsOK.com