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A casualty loss in a federally declared disaster area (FDDA) may be deducted ____________. ...

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Accounting

A casualty loss in a federally declared disaster area (FDDA) may be deducted ____________.
Either in the year in which the casualty occurred or the tax year immediately following the casualty event.
Either in the year in which the casualty occurred or the tax year immediately preceding the casualty event.
Only in the tax year immediately preceding the casualty event.
Only in the year in which the casualty occurred.

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