Question: n 2 0 2 4 , the U . S . president declared a federal disaster due to the flooding in Houston. Danielle lives in

n 2024, the U.S. president declared a federal disaster due to the flooding in Houston. Danielle lives in that area and lost her home in the flood. What choice best reflects her options regarding when she can claim the loss on her tax return?
Multiple Choice
It must be claimed in 2023 if the return has not been filed by the date of the loss.
It must be claimed in 2024 if the loss is greater than the modified adjusted gross income.
It may be claimed in 2025 if an election is filed with the 2024 return.
It may be claimed in 2023 or 2024.

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