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Kerrys car is totaled in an auto accident. The car originally cost $18,000, but is worth $7,500 at the time of the eck for $7,500.
Kerrys car is totaled in an auto accident. The car originally cost $18,000, but is worth $7,500 at the time of the eck for $7,500. Kerry has $30,000 of adjusted gross income. accident. Kerrys insurance company gives her a How much can Kerry claim as a casualty loss on her tax return?
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