Under what circumstances may a loss arising from a casualty or theft be deducted in a year

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Under what circumstances may a loss arising from a casualty or theft be deducted in a year other than the year in which the loss occurs?

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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Dec 11, 2015 02:04 AM

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Under what circumstances may a loss arising from a casualty or theft be deducted in a year

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Theft losses are deducted in the tax year in which the theft is discov...View the full answer

Federal Taxation 2016 Comprehensive

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