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In 2018, Wally Had the Following Insured Personal Casualty Losses

Question 26

Multiple Choice

In 2018, Wally had the following insured personal casualty losses (arising from one casualty in a Federally-declared disaster area) . Wally also had $42,000 AGI for the year before considering the casualty. In 2018, Wally had the following insured personal casualty losses (arising from one casualty in a Federally-declared disaster area) . Wally also had $42,000 AGI for the year before considering the casualty. A) $1,500. B) $1,600. C) $4,800. D) $58,000. E) None of the above.


A) $1,500.
B) $1,600.
C) $4,800.
D) $58,000.
E) None of the above.

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