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Determine the net deductible casualty loss on Schedule A for Alan Michael when his adjusted gross income was $40,000 in 2017 and the following occurred:
A and B were destroyed in the same casualty in March.C was destroyed in a separate casualty in July.
All casualty losses were nonbusiness personal-use property losses and none occurred in a federally declared disaster area.
What is the amount of the net deductible casualty loss?
Heart Failure
A chronic condition in which the heart is unable to pump blood effectively to meet the body's needs.
Active Motion
Movement initiated and performed by an individual without assistance, reflecting the range of motion and strength of muscles and joints.
Slight Weakness
A minor or mild loss of strength in one or more muscles, not typically indicative of a serious condition.
ROM
Range of Motion; the full movement potential of a joint, usually its range of flexion and extension.
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