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Business, 21.04.2020 16:54 phamleson8697

In 2019, Morley, a single taxpayer, had an AGI of $30,000 before considering the following items: Loss from damage to rental property ($6,000) Loss from theft of bonds (3,000) Personal casualty gain 4,000 Personal casualty loss (after $100 floor) (9,000) The personal casualties occurred in a Federally declared disaster area. Determine the amount of Morley's itemized deduction from the losses.

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In 2019, Morley, a single taxpayer, had an AGI of $30,000 before considering the following items: Lo...
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