Business, 13.11.2019 02:31 natalie2sheffield

Belinda was involved in a boating accident in 2019. her speedboat, which was used only for personal use and had a fair market value of $28,000 and an adjusted basis of $14,000, was completely destroyed. she received $10,000 from her insurance company. her agi for 2019 is $37,000. belinda's tentative casualty loss before any limitations (i. e. $100 floor and agi) is $ . is her loss currently deductible?

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Belinda was involved in a boating accident in 2019. her speedboat, which was used only for personal...

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