During the current year, Tucker had the following personal casualty gains and losses (after deducting the $100 floor): Asset Holding Period Gain or (Loss) Asset 1 18 months ($23,900) Asset 2 2 months 14,340 Asset 3 3 years 29,875 What are the tax consequences of these items to Tucker? As a result of these transactions, Tucker has net personal casualty of $ Therefore, he treats all of the gains and losses as gains and losses