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In 2019, JenCorp's (a C Corporation) 100% business auto ($30,000 basis and FMV) was stolen and never recovered. The corporation received only $24,000 from the

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In 2019, JenCorp's (a C Corporation) 100% business auto ($30,000 basis and FMV) was stolen and never recovered. The corporation received only $24,000 from the insurance company. What is the allowable casualty loss deduction for 2019? 26,000 5.900 6,000 1.900

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