Which One of the Following Is Not Considered a Casualty

question 42

Multiple Choice

Which one of the following is not considered a casualty or theft loss for tax purposes?

• A)A taxpayer's residence is progressively destroyed by termites
• B)A taxpayer's residence is burned down during a wild fire.
• C)A taxpayer's car is destroyed by wild fire.
• D)A taxpayer's bicycle is vandalized by local teenagers.
• E)All of the above are casualty or theft losses.

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