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The clipping this text was read from
The clipping this text was read from

net cnsulaty loss ot Thus, K would- have total casualty losses for 1979 of $8,900.

Casualty losses must be reported on IRS Form 4684. The costs of appraisals, photographs and Other expenses necessary to ascertain' the amount of-the casulaty losses are not reported as part of these losses. Those costs are attributable to the determination of your tax liability and should be reported on Schedule A of Form 1040 if you itemize deductions.

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