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Bartlet files an election with the IRS postponing nonpassive activity classification D Question 7 1 pts Virginia's automobile, used 100 percent for business, was
Bartlet files an election with the IRS postponing nonpassive activity classification D Question 7 1 pts Virginia's automobile, used 100 percent for business, was completely destroyed by fire. The automobile had an adjusted basis of $12,000, and a fair market value of $15,000 before the fire. The automobile was uninsured. Virginia's AGI is $80,000. Virginia's casualty loss deduction is: $11,900 $12,000 O $14,900 O $3,900
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