Question: In June 2 0 2 2 , Danai's personal - use vehicle was destroyed in a federally declared disaster. Her adjusted basis in the car

In June 2022, Danai's personal-use vehicle was destroyed in a federally declared disaster. Her adjusted basis in the car is $10,500, and the fair market value of the car at the time it was destroyed was $1,850. What is the amount of Danai's casualty loss prior to inclusion of the loss limitation?
$10,500
$8,650
$1,850
$1,650

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