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Reynaldo and Sonya, a married couple, had flood damage in their home due to a faulty water heater during 2016, which totally ruined the furniture

Reynaldo and Sonya, a married couple, had flood damage in their home due to a faulty water heater during 2016, which totally ruined the furniture that was stored in their garage. The following items were completely destroyed and not salvageable. Damaged Items Fair Market Value Just Prior to Damage Original Item Cost (Basis) Antique poster bed $ 8,600 $ 6,300 Pool table 8,625 14,575 Flat screen TV 1,350 4,775 Their homeowner's insurance policy had a $11,755 deductible for the personal property, which was deducted from their insurance reimbursement of $16,275, resulting in a net payment of $4,520. Their AGI for 2016 was $38,000. What is the amount of casualty loss that Reynaldo and Sonya can claim on their joint return for 2016?

Casualty loss deduction = ?

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