Multiple Choice
Daniel's cabin was destroyed in a massive tornado in 2019.After consideration of insurance,he has a loss of $15,000.Due to the tornado,the area has been declared a federal disaster area.Daniel can deduct this loss in
A) 2018.
B) 2019.
C) 2020.
D) either 2018 or 2019.
Correct Answer:
Verified
Correct Answer:
Verified
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