IRS LISTS DISASTER AREAS.

Rev. Rul. 95-17

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 (the Act), as amended, 42 U.S.C. section 5121 et seq. (1988), 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.

Section 1.165-11(e) of the Income Tax Regulations provides that the election to deduct for the preceding year must be made on or before the later of (1) the original due date of the taxpayer's income tax return for the year in which the disaster occurred, or (2) the due date of the preceding year's return (taking into account extensions of time for filing granted to the taxpayer).

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).

From the cutoff date of December 31, 1993, specified in Rev. Rul. 94-14, 1994-1 C.B. 72, through December 31, 1994, the President determined that the areas listed below have been adversely affected by disasters of sufficient severity to warrant disaster assistance by the Federal Government under the Act.

DRAFTING INFORMATION

The principal author of this revenue ruling is Sheldon A. Iskow of the Office of Assistant Chief Counsel (Income Tax and Accounting). For further information regarding this revenue ruling, contact Mr. Iskow on (202) 622-4920 (not a toll-free call).

DISASTER AREAS IN 1994

Alabama

Counties of Colbert, Cullman, DeKalb, Etowah, Franklin, Lauderdale, Lawrence, Limestone, Marshall, and Winston

Type of Disaster: Severe winter storms, freezing, and flooding

Date of Disaster: January 16-February 14, 1994

Counties of Calhoun, Cherokee, DeKalb, Marion, Marshall, Saint Clair, and Shelby

Type of Disaster: Severe storms, tornadoes, and flooding

Date of Disaster: March 27-April 10, 1994

Counties of Barbour, Coffee, Conecuh, Covington, Dale, Geneva, Henry, Houston, Randolph, and Russell

Severe storms and flooding resulting from Tropical Storm Alberto

Date of Disaster: July 2-July 19, 1994

Alaska

The Dalton Highway; the Northwest Arctic Borough; the Yukon Educational Region

Type of Disaster: Severe storms and flooding

Date of Disaster: August 8-September 15, 1994

Arkansas

Counties of Arkansas, Ashley, Bradley, Calhoun, Chicot, Cleveland, Columbia, Crittenden, Desha, Drew, Lafayette, Lee, Lincoln, Monroe, Ouachita, Phillips, and Union

Type of Disaster: Severe winter ice storm

Date of Disaster: February 9-10, 1994

California

Counties of Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Ventura

Type of Disaster: Wild land fires, soil erosion, landslides, flooding, and mudslides

Date of Disaster: October 26, 1993-April 22, 1994

Counties of Los Angeles, Orange, and Ventura

Type of Disaster: Earthquake and aftershocks

Date of Disaster: January 17-November 30, 1994

Counties of Del Norte, Humboldt, Mendocino, and Sonoma

Type of Disaster: Continuing effects of the El Nino warm water currents on the 1994 Coho salmon fishing season

Date of Disaster: May 1-October 31, 1994

Delaware

Counties of Kent and Sussex

Type of Disaster: Severe ice storms and flooding

Date of Disaster: February 8-18, 1994

District of Columbia

Type of Disaster: Severe winter ice storm

Date of Disaster: January 17-21, 1994

Florida

Counties of Bay, Calhoun, Escambia, Franklin, Gadsden, Gulf, Holmes, Jackson, Liberty, Okaloosa, Santa Rosa, Walton, and Washington

Type of Disaster: Severe storms and flooding resulting from Tropical Storm Alberto

Date of Disaster: July 2-29, 1994

Counties of Brevard and Volusia

Type of Disaster: Tropical Storm Gordon

Date of Disaster: November 14-28, 1994

Georgia

Counties of Bartow, Catoosa, Cherokee, Floyd, Habersham, Lumpkin, Murray, Pickens, Rabun, Walker, White, and Whitfield

Type of Disaster: Tornadoes, flooding, and severe storms

Date of Disaster: March 27-April 10, 1994

Counties of Baker, Bibb, Butts, Calhoun, Carroll, Clay, Clayton, Coweta, Crawford, Crisp, Decatur, Dodge, Dooly, Dougherty, Early, Fayette, Fulton, Henry, Houston, Jasper, Jones, Lamar, Lee, Macon, Marion, Meriwether, Miller, Mitchell, Monroe, Montgomery, Newton, Oglethorpe, Peach, Pike, Pulaski, Quitman, Randolph, Rockdale, Schley, Seminole, Spalding, Stewart, Sumter, Talbot, Taylor, Telfair, Terrell, Toombs, Troup, Twiggs, Upson, Webster, Wheeler, Wilcox, and Worth

Type of Disaster: Torrential rain, high wind, tornadoes, and flooding resulting from Tropical Storm Alberto

Date of Disaster: July 3-25, 1994

Counties of Brooks, Bryan, Bulloch, Camden, Chatham, Clinch, Colquitt, Decatur, Effingham, Grady, Thomas, Tift and Worth

Type of Disaster: Severe weather, heavy rains, flooding, high winds, and tornadoes

Date of Disaster: October 1-November 16, 1994

Illinois

Counties of Alexander, Calhoun, Cass, Champaign, De Witt, Douglas, Greene, Iroquois, Jersey, Mason, Menard, Monroe, Piatt, Sangamon, St. Clair, and Vermilion

Type of Disaster: Severe storms and flooding

Date of Disaster: April 9-May 4, 1994

Kentucky

Counties of Adair, Allen, Anderson, Barren, Bath, Bell, Boyle, Breathitt, Butler, Casey, Christian, Clark, Clay, Clinton, Cumberland, Edmonson, Elliott, Estill, Fayette, Floyd, Garrard, Grayson, Green, Hardin, Harlan, Hart, Jackson, Jessamine, Johnson, Knox, Larue, Laurel, Lawrence, Lee, Letcher, Lincoln, Livingston, Logan, Madison, Magoffin, Marion, Martin, McCreary, Menifee, Mercer, Metcalfe, Monroe, Montgomery, Morgan, Muhlenberg, Nelson, Nicholas, Owsley, Perry, Powell, Pulaski, Rockcastle, Rowan, Russell, Simpson, Taylor, Todd, Trigg, Warren, Washington, Wayne, Whitley, and Wolfe

Type of Disaster: Severe weather, including rain, freezing rain, sleet, and snow

Date of Disaster: February 9-11, 1994

Louisiana

Parishes of Bienville, Bossier, Caddo, Claiborne, De Soto, Lincoln, Union, and Webster

Type of Disaster: Severe winter ice storm

Date of Disaster: February 10-12, 1994

Maine

County of Arroostook

Type of Disaster: Flooding and ice jams

Date of Disaster: April 15-May 9, 1994

Marshall Islands, Republic of the Atoll of Majuro

Type of Disaster: High tide and wave action

Date of Disaster: June 9-10, 1994

Maryland

Counties of Anne Arundel, Calvert, Caroline, Charles, Dorchester, Frederick, Prince George's, St. Mary's, and Talbot

Type of Disaster: Ice storms

Date of Disaster: February 8-18, 1994

Michigan

Counties of Charlevoix, Cheboygan, Chippewa, Delta, Gogebic, Houghton, Mackinac, Marquette, Ontonagon, and Schoolcraft

Type of Disaster: Severe deep freeze

Date of Disaster: January 10-June 10, 1994

Mississippi

Counties of Alcorn, Benton, Bolivar, Calhoun, Chickasaw, Coahoma, De Soto, Grenada, Itawamba, Lafayette, Lee, Leflore, Marshall, Panola, Pontotoc, Prentiss, Quitman, Sunflower, Tallahatchie, Tate, Tippah, Tishomingo, Tunica, Union, Washington, and Yalobusha

Type of Disaster: Severe winter storm, freezing rain, and sleet

Date of Disaster: February 9-14, 1994

Missouri

City of St. Louis; Counties of Barry, Callaway, Clay, Cole, Franklin, Jefferson, Lincoln, Morgan, Pemiscot, Phelps, Pulaski, Reynolds, Shannon, St. Charles, St. Louis, Vernon, and Washington

Type of Disaster: Severe storms, tornadoes, and flooding

Date of Disaster: April 9-May 5, 1994

Nebraska

Counties of Buffalo, Custer, Dawson, Frontier, Furnas, Garfield, Gosper, Harlan, Hayes, Hitchcock, Lincoln, Phelps, Red Willow, Sherman, and Valley

Type of Disaster: Severe snow and ice storm

Date of Disaster: April 10-13, 1994

North Dakota

Counties of Barnes, Benson, Eddy, Foster, Griggs, Hettinger, Kidder, La Moure, Logan, McIntosh, McKenzie, Nelson, Oliver, Pierce, Ramsey, Richland, Rolette, Sargent, Sheridan, Steele, Stutsman, Towner, Walsh, Wells, and Williams

Type of Disaster: Severe storms, flooding, and ground saturation due to high water tables

Date of Disaster: March 5-August 5, 1994

Oklahoma

County of Ottawa

Type of Disaster: Severe storms and flooding

Date of Disaster: April 11-May 4, 1994

Oregon

Counties of Clatsop, Columbia, Coos, Curry, Douglas, Lane, Lincoln, and Tillamook

Type of Disaster: Continuing effects of the warm water currents knows as El Nino on the 1994 Coho and Chinook salmon fishing season

Date of Disaster: May 1-October 31, 1994

Pennsylvania

Counties of Adams, Allegheny, Armstrong, Beaver, Bedford, Berks, Bucks, Cambria, Carbon, Centre, Chester, Clearfield, Clinton, Columbia, Cumberland, Dauphin, Delaware, Fayette, Franklin, Greene, Lackawanna, Lancaster, Lebanon, Lehigh, Luzerne, Lycoming, Mifflin, Monroe, Montgomery, Montour, Northampton, Northumberland, Perry, Philadelphia, Schuylkill, Snyder, Somerset, Sullivan, Susquehanna, Union, Washington, Westmoreland, Wyoming, and York

Type of Disaster: Severe and prolonged winter storms

Date of Disaster: January 4-February 25, 1994

South Dakota

Counties of Brookings, Brown, Campbell, Clark, Codington, Day, Deuel, Edmunds, Grant, Hand, Hanson, Hughes, Kingsbury, Marshall, McPherson, Potter, Roberts, Sanborn, Spink, Sully, and Ziebach

Type of Disaster: Severe storms and flooding

Date of Disaster: March 1-July 29, 1994

Tennessee

Counties of Bedford, Benton, Bledsoe, Bradley, Campbell, Cannon, Carroll, Cheatham, Chester, Clay, Coffee, Crockett, Cumberland, Davidson, Decatur, DeKalb, Dickson, Dyer, Fayette, Fentress, Franklin, Gibson, Giles, Greene, Grundy, Hardeman, Hardin, Haywood, Henderson, Henry, Hickman, Houston, Humphreys, Jackson, Lauderdale, Lawrence, Lewis, Lincoln, Macon, Madison, Marion, Marshall, Maury, McMinn, McNairy, Meigs, Montgomery, Moore, Morgan, Overton, Perry, Pickett, Polk, Putnam, Robertson, Rutherford, Scott, Sequatchie, Shelby, Smith, Stewart, Sumner, Tipton, Trousdale, Union, Van Buren, Warren, Wayne, Weakley, White, Williamson, and Wilson

Type of Disaster: Severe winter ice storm and flash flooding

Date of Disaster: February 9-11, 1994

Counties of Blount, Bradley, Cocke, Grainger, Hamblen, Hamilton, Hawkins, Jefferson, Johnson, Marion, McMinn, Monroe, Polk, Putnam, Sevier, Unicoi, and Van Buren

Type of Disaster: Extensive rainfall and flash flooding

Date of Disaster: March 25-April 3, 1994

Texas

Counties of Cooke, Dallas, and Lamar

Type of Disaster: Severe storms and tornadoes

Date of Disaster: April 25-May 4, 1994

Counties of Angelina, Austin, Bastrop, Brazoria, Brazos, Burleson, Chambers, Colorado, De Witt, Fayette, Fort Bend, Galveston, Grimes, Hardin, Harris, Houston, Jackson, Jasper, Jefferson, Lavaca, Lee, Liberty, Madison, Matagorda, Montgomery, Nacogdoches, Orange, Polk, San Augustine, San Jacinto, Shelby, Trinity, Tyler, Victoria, Walker, Waller, Washington, and Wharton

Type of Disaster: Severe thunderstorms and flooding

Date of Disaster: October 14-November 8, 1994

Virginia

Cities of Bedford, Bristol, Buena Vista, Fredericksburg, Galax, Lynchburg, Petersburg, Radford, Richmond, and Roanoke; Counties of Alleghany, Amelia, Amherst, Appomattox, Bath, Bedford, Bland, Botetourt, Brunswick, Buchanan, Buckingham, Campbell, Caroline, Carroll, Charlotte, Chesterfield, Craig, Cumberland, Dickenson, Dinwiddie, Essex, Floyd, Fluvanna, Giles, Gloucester, Goochland, Grayson, Halifax, Hanover, Henrico, King and Queen, King George, King William, Lancaster, Lee, Louisa, Lunenburg, Mecklenburg, Middlesex, Montgomery, Nelson, New Kent, Northumberland, Nottoway, Pittsylvania, Powhatan, Prince Edward, Prince George, Pulaski, Richmond, Roanoke, Rockbridge, Russell, Scott, Smyth, Surry, Sussex, Tazewell, Washington, Westmoreland, Wise and Wythe

Type of Disaster: Flooding and severe winter ice storm

Date of Disaster: February 8-12, 1994

Cities of Emporia, and Radford; Counties of Albemarle, Amherst, Appomattox, Augusta, Bedford, Buckingham, Campbell, Caroline, Charlotte, Craig, Culpeper, Fauquier, Fluvanna, Franklin, Goochland, Greene, Hanover, Henry, Highland, Louisa, Madison, Montgomery, Nelson, Orange, Patrick, Pittsylvania, Prince Edward, Pulaski, Rappahannock, Roanoke, and Spotsylvania

Type of Disaster: Severe winter ice storm

Date of Disaster: March 1-5, 1994

Washington

Counties of Clallam, Grays Harbor, Jefferson, Pacific, Wahkiakum, and Whatcom

Type of Disaster: Continuing effects of warm water currents known as El Nino on the 1994 Coho and Chinook salmon fishing season

Date of Disaster: May 1-October 31, 1994