During 2019,Alonzo incurred one personal casualty loss due to a federally declared major disaster ....
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Accounting
During 2019,Alonzo incurred one personal casualty loss due to a federally declared major disaster . The amount of the loss after reimbursements is $6500. Alonzo's AGI is $40,000 . What is the amount of his casualty loss deduction
A. $1,550
B. $1.950
C. $5,550
D, $ 6,050
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