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In the 2 0 2 2 tax year, Joe suffered a $ 5 , 0 0 0 personal property loss when a fire burned part

In the 2022 tax year, Joe suffered a $5,000 personal property loss when a fire burned part of his home that was declared a Federally-Declared Disaster Area by the government. His Adjusted Gross Income for the tax year was $75,000. What is the correct percentage that Joe will need to use to reduce his personal property loss when preparing Form 4684, Casualties and Thefts?

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