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44 of 75. A canusity loss in a federally declared disaster area (FDDA) may be deducted Esher in the year in which the casually occumed

44 of 75. A canusity loss in a federally declared disaster area (FDDA) may be deducted Esher in the year in which the casually occumed or the tax year immediately following the casualty event Either in the year in which the casualty coooned or the tax year immediately preceding the casualty ever O Only in the tax year immediately preceding the casualty event O Only in the year in which the casualty occured Mark for follow up Question 45 of 75. Which of the following taxpayers will be allowed a casualty loss? OA tornado whips through Jasmine's neighborhood and severely demeges her car O Jarrod's personal home, located in a federally declared disaster area, developed severe damage from termites Tatiana wore her new diamond engagement ring while at the beach. As she was wading in the water, the ring felt off and was lost When Marcus returned home from shopping, he noticed his cherished antique ceramics sinashed on the floor. His two cats had caused $1,000 of damage Mark for follow up Question 46 of 75. Ping has a qualified casualty loss of $12,700 on his personal-use property located in a federally declared disaster area. His adjusted gross income (AG) is $100,000. What is Ping's allowable casualty loss? $2,600 $2,700 O $12,600 $12,700 alive.asp% 10

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