In 2015,Theo,an employee,had a salary of $30,000 and experienced the following losses: Loss from damage to rental property ($10,000) Unreimbursed loss from theft of business computer (5,000) Personal casualty gain 4,000 Personal casualty loss (after $100 floor) (9,000) Determine the amount of Theo's itemized deduction from these losses.

Question

In 2015,Theo,an employee,had a salary of $30,000 and experienced the following losses: Loss from damage to rental property ($10,000) Unreimbursed loss from theft of business computer (5,000) Personal casualty gain 4,000 Personal casualty loss (after $100 floor) (9,000) ​ Determine the amount of Theo's itemized deduction from these losses.

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The Answer of In 2015,Theo,an employee,had a salary of $30,000 and experienced the following losses: Loss from damage to rental property ($10,000) Unreimbursed loss from theft of business computer (5,000) Personal casualty gain 4,000 Personal casualty loss (after $100 floor) (9,000) ​ Determine the amount of Theo's itemized deduction from these losses.

In 2015,Theo,an Employee,had a Salary of $30,000 and Experienced the Following