Question: Devtion tyour 1 - Cewtert 1 2 1 0 1 Rilcy operates a plumbing business, and this year the three - year - old van
Devtion tyour Cewtert
Rilcy operates a plumbing business, and this year the threeyearold van he used in the business was destroyed in a truffc acch originally purchased for $ and the adjusted basis was $ at the time of the accident. Although the van was worth $ accident, insurance only paid Rley $ for the loss. What is the amount of Riley's casusty loss deduction?
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