微信扫一扫
实时资讯全掌握
Nelson Harris had adjusted gross income in 2013 of $60,000. During the year his personal summer home was completely destroyed by a hurricane. Pertinent data with respect to the home follows:
Harris was partially insured for his loss and in 2013 he received a $15,000 insurance settlement. What is Harris’ allowable casualty loss deduction for 2013? A. $18,000 B. $27,000 C. $17,900 D. $26,900 |