Unfortunately, destruction to your home or furnishings from pests such as termites and carpet beetles is not tax deductible. Likewise homeowners insurance does not cover losses from pests, even if the pests cause extensive damage. (This is another reason our regular preventative service is such a wise choice.)
The only way you can get a tax write-off from bugs is if you donate a collection of them to a museum. If they are properly labeled and mounted on pins, they can be worth real money. The average collection donated to a university museum is worth five thousand dollars, according to a university entomologist who is an expert in valuing insect collections.
- Posted by admin
- On October 4, 2016
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