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Business, 07.04.2020 21:58 parosil

Mr. and Mrs. Jones had an extensive flood in their basement. They incurred casualty losses of $20,000. Their insurance company reimbursed them for $8,000. The $12,000 unreimbursed amount is deductible as an itemized deduction. a.trueb. false

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Mr. and Mrs. Jones had an extensive flood in their basement. They incurred casualty losses of $20,00...
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