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Which of the following losses are potentially deductible on Schedule A? Carlos had his personal car stolen in March. It was never recovered. The value
Which of the following losses are potentially deductible on Schedule A? Carlos had his personal car stolen in March. It was never recovered. The value was $12,000, and he received $6,000 from the insurance company. Rowena suffered $4,000 of wind damage to her personal residence. It was not part of a declared disaster. Jordan's car was destroyed in a tornado. The value was $12,000, and she received $6,000 from the insurance company. It was part of a declared disaster. Allison suffered $4,000 of wind damage to the building she purchased for her crafting business. It was not part of a declared disaster. Mark for follow up
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