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If a taxpayer suffers a loss attributable to a disaster in an area subsequently declared a Federal disaster area, the casualty loss may be deducted

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If a taxpayer suffers a loss attributable to a disaster in an area subsequently declared a Federal disaster area, the casualty loss may be deducted in the year preceding the year in which the loss actually occurs. True False I Question 26 (1 point) Listen If a prepayment is a requirement for the receipt of medical care, the payment is deductible in the year paid rather than the year in which the care is rendered. True False nuectinn 27/1 nint

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