During the year, Marco’s house was destroyed by a hurricane…
During the year, Marco’s house was destroyed by a hurricane that devastated the Gulf coast. President Biden announced a federal disaster declaration for the whole area. He had a basis of $150,000 but the insurance adjuster determined the decline in value was $175,000. He received $130,000 in insurance proceeds. His AGI was $60,000 for this year. How much can Marco deduct for a casualty loss?
Read DetailsA researcher recruited 50 volunteers from a social media pla…
A researcher recruited 50 volunteers from a social media platform. The researcher randomly assigned 25 to a stress reduction program and 25 were randomly assigned to a wait-listed control group. What type of sample is the researcher using?
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