Question: Daniel's cabin was destroyed in a massive tornado in 2 0 2 4 . After consideration of insurance, he has a loss of $ 1

Daniel's cabin was destroyed in a massive tornado in 2024. After consideration of insurance, he has a loss of $15,000. Due to the tornado, the area has been declared a federal disaster area. Daniel can deduct this loss in
Option A
2023.
Option B
2024.
Option C
2025.
Option D
either 2023 or 2024.

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