In $2023,$ the President declared a federal disaster in Arizona due to wildfires. Hamed lives in the affected area and lost his home in the fires. What choice does he have regarding when he can claim the loss on his tax return?

Multiple Choice

It may be claimed in $2024$ if an election is filed with Hamed's $2023$ return.

It may be claimed in either $2022$ or $2023.$

It must be claimed in $2023$ if the loss is greater than Hamed's modified adjusted gross income.

It must be claimed in $2022$ if the return has not been filed by the date of the loss.