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8. Missy's business suffered a casualty event, a fire, during 2023. The relevant data follows: Missy's AGI, excluding this casualty event, is $75,000. Assuming adequate

image text in transcribedimage text in transcribed 8. Missy's business suffered a casualty event, a fire, during 2023. The relevant data follows: Missy's AGI, excluding this casualty event, is $75,000. Assuming adequate income, what is the net casualty loss that is deductible by the business for 2023 ? 7. Lenny sold several securities in 2023. Relevant data follows: After recognizing the maximum amount as an Ordinary Loss for a single taxpayer, how will Lenny's Schedule D net for 2023? Format your answer as "XXXXX/STCL or STCG or LTCL or LTCG

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