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Mary suffers $25,000 in uninsured losses in 2023 when her house burns down while she was on vacation. This loss was not due to a
Mary suffers $25,000 in uninsured losses in 2023 when her house burns down while she was on vacation. This loss was not due to a Federally declared disaster, therefore Mary can deduct what amount of the casualty losses relating to her home on her Federal income tax return
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