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In the Current Year, Juan's Home Was Burglarized

Question 59

Multiple Choice

In the current year, Juan's home was burglarized. Juan had the following items stolen: ​
In the current year, Juan's home was burglarized. Juan had the following items stolen: ​ Juan's homeowner's policy had a $50,000 deductible clause for thefts. If Juan's salary for the year is $50,000, determine the amount of his itemized deductions as a result of the theft. A) $3,100 B) $6,000 C) $26,100 D) $26,500 E) None of the above Juan's homeowner's policy had a $50,000 deductible clause for thefts. If Juan's salary for the year is $50,000, determine the amount of his itemized deductions as a result of the theft.


A) $3,100
B) $6,000
C) $26,100
D) $26,500
E) None of the above

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