In 2015,Morley,a Single Taxpayer,had an AGI of $30,000 Before Considering

question 91

Multiple Choice

In 2015,Morley,a single taxpayer,had an AGI of $30,000 before considering the following items: 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 Morley's itemized deduction from the losses.

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

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