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In 2012, Juan's Home Was Burglarized

Question 77

Multiple Choice

In 2012, Juan's home was burglarized.Juan had the following items stolen: In 2012, Juan's home was burglarized.Juan had the following items stolen: Juan's homeowner's policy had a $50,000 deductible clause for thefts.If Juan's salary for the year is $50,000, determine the amount of his itemized deductions as a result of the theft. A) $3,100. B) $6,000. C) $26,100. D) $26,500. E) None of the above. Juan's homeowner's policy had a $50,000 deductible clause for thefts.If Juan's salary for the year is $50,000, determine the amount of his itemized deductions as a result of the theft.


A) $3,100.
B) $6,000.
C) $26,100.
D) $26,500.
E) None of the above.

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