In $2023,$ John had the following insured personal casualty losses $($arising from one casualty in a Federally$-$declared disaster area$).$ John also had $$45,000$ AGI for the year before considering the casualty.

$\backslash$table$[[,$Fair Market Value,,$],[$Asset$,$Adjusted Basis,Before,After,Insurance Recovery$],[$A$,$$$9,200,$$$8,000,$$$1,000,$$$2,000$