A personal casualty loss from a federally declared disaster in January 2024A.Is fully deductible.B.Is reduced...

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Accounting

A personal casualty loss from a federally declared disaster in January 2024
A.Is fully deductible.
B.Is reduced by $1,000.
C.Is reduced by $100 and 10% of AGI to qualify for the deduction.
D.Is subject to a $300 deductible for each event.

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