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Determine the amount of john itemized deduction

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Reference no: EM132076775

Question - John is a single taxpayer and has $35,000 for his AGI in 2015 without taking the following items into consideration:

Loss from damage to rental property

($6,000)

Loss from theft of bonds

(3,000)

Personal casualty gain

4,000

Personal casualty loss (after $100 floor)

(9,000)

Determine the amount of John's itemized deduction from the losses.

Reference no: EM132076775

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