2 a John Smith owns a beach house in Galveston In morning of March 1, 2018 he goes to beach to take swim thief stole his watch costing 10,000 Fair Market Value on March 1, 2018 was $4100 In the evening his beach house got burnt His cost on the house was $160,000 Fair market value before the fire was 150,000 Insurance company paid $50,000 His adjusted gross in some for 2018 was $60,000 Calculate his casualty loss Casualty loss What is your answer if caualty loss occurred in 2020 2 a John Smith owns a beach house in Galveston If morning of March 1, 2018 he goes to beach to take swim thief stole his watch costing 10,000 fair Market value on March 1, 2018 was $4100 In the evening his beach house got burnt His cost on the house was $160,000 Fair market value before the fire was 150,000 insurance company paid $50,000 His adjusted gross irtsome for 2018 was $60,000 Calculate his casualty loss Casualty loss What is your answer if caualty loss occurred in 2020

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2 a John Smith owns a beach house in Galveston  In morning of March 1, 2018 he goes to beach to take swim  thief stole his watch costing 10,000 Fair Market Value on March 1, 2018 was $4100 In the evening his beach house got burnt  His cost on the house was $160,000 Fair market value before the fire was 150,000 Insurance company paid $50,000  His adjusted gross in some for 2018 was $60,000  Calculate his casualty loss  Casualty loss What is your answer if caualty loss occurred in 2020 2 a John Smith owns a beach house in Galveston  If morning of March 1, 2018 he goes to beach to take swim  thief stole his watch costing 10,000 fair Market value on March 1, 2018 was $4100 In the evening his beach house got burnt  His cost on the house was $160,000 Fair market value before the fire was 150,000 insurance company paid $50,000  His adjusted gross irtsome for 2018 was $60,000  Calculate his casualty loss Casualty loss What is your answer if caualty loss occurred in 2020

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2 a John Smith owns a beach house in Galveston. In morning of March 1, 2018 he goes to beach to take swim. thief stole

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