For 2014,the AGI threshold for the deductibility of personal casualty losses generally is:
A)2%.
B)5%.
C)7.5%.
D)10%.

Name: For 2014,the AGI threshold for the deductibility of personal casualty losses generally is: A)2%. B)5%. C)7.5%. D)10%.
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For 2014, the AGI threshold for the deductibility of personal casualty losses is 10% of adjusted gross income (AGI) for most taxpayers. This means that if the total amount of casualty loss is less than 10% of your AGI, you cannot claim a tax deduction.

For 2014,the AGI Threshold for the Deductibility of Personal Casualty