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    Federal Taxation
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    Exam 25: Losses and Bad Debts
  5. Question
    A Taxpayer May Deduct a Loss Resulting from the Theft
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A Taxpayer May Deduct a Loss Resulting from the Theft

Question 79

Question 79

True/False

A taxpayer may deduct a loss resulting from the theft of business and investment property but not a theft of personal-use property.

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