In 2019, Morley, a Single Taxpayer, Had an AGI of $30,000

question 136

Multiple Choice

In 2019, Morley, a single taxpayer, had an AGI of $30,000 before considering the following items: The personal casualties occurred in a Federally declared disaster area.Determine the amount of Morley's itemized deduction from the losses.

• A)$0
• B)$2,900
• C)$5,120
• D)$5,600
• E)None of these.

---

Definitions:

Formal Education

An organized and structured form of learning delivered by trained teachers and educational institutions.

High School Diploma

A certificate awarded by educational institutions upon completion of secondary education, meeting the requirements for graduation in a given country or state.

Canadians

Citizens of Canada or people residing in Canada, often recognized for their diverse cultural backgrounds.

Anti-racist

Refers to practices, policies, and philosophies that actively confront and challenge racism and its effects on societies.