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While Susan was on vacation in 2022, her home was hit by the storm and she lost the following items: $1,500 computer, $3,000 silverware, and
While Susan was on vacation in 2022, her home was hit by the storm and she lost the following items: $1,500 computer, $3,000 silverware, and $30,000 decrease in the value of house. Susan received $10,000 from the insurance company and her adjusted gross income is $60,000. Determine the total amount of Susans itemized deductions resulting from the storm, if its a Federally declared disaster.
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