all of the following are true regarding a casualty loss deduction that occurred within a federally declared disaster area EXCEPT

a. the deduction is reported as a miscellaneous deduction subject to the 2% of AGI limitation

b. the losses may be deducted in the year prior to the year the disaster occurred

c. the losses may be deducted in the year the disaster occurred

d. net losses must be reduced by $100 and 10% of the taxpayer's AGI