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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 7: Deductions and Losses: Certain Business Expenses and Losses
  5. Question
    A Theft Loss of Investment Property Is an Itemized Deduction
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A Theft Loss of Investment Property Is an Itemized Deduction

Question 91

Question 91

True/False

A theft loss of investment property is an itemized deduction not subject to the 2%-of-AGI floor.

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