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In 2019 John's house was completely destroyed by a fire which was in a Federally declared disaster area. His adjusted basis in the home was

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In 2019 John's house was completely destroyed by a fire which was in a Federally declared disaster area. His adjusted basis in the home was $125,000. His AG in 2019 was $90,000. The house was insured for $100,000 and his insurance deductible was 10% How much was John's deductible casualty loss in 2019 Oss 900 O 25.000 $26.000 $15.900 516,000 Previous Some Test for Grade

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