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casualty loss, garage was destroyed by fire. Cost and fair market value were. $9000 Insurance pay out for the garage fire is $3,000 Assuming the

casualty loss, garage was destroyed by fire. Cost and fair market value were. $9000

Insurance pay out for the garage fire is $3,000

Assuming the fire is attributed to a federally declared disaster, what amount will be recorded on the form 4684 and schedule A.

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