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Question 5 of 15. During 2020, Tranh incurred one personal casualty loss due to a federally declared major disaster. The amount of the loss after

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Question 5 of 15. During 2020, Tranh incurred one personal casualty loss due to a federally declared major disaster. The amount of the loss after reimbursements is $6,050. Tranh's AGI is $40,000. How much does he reduce his loss by? $100 $500 $4,100 $4,500

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