Willie was tired of cleaning up the messes that his wife, Barbara, made in their house. One morning, he found a crumpled facial tissue on the bathroom vanity, so he disgustedly flushed it down the toilet. Unfor-tunately, the tissue was wrapped around Barbara’s engagement ring, which she had removed the previous evening after cutting her finger while shoveling snow. Is the couple allowed a deductible casualty loss for federal income tax purposes under I. R. C. § 165?