Abel's car ws completely destroyed in an accident that was his fault. His loss was $8,500 and his insurance company reimbursed him $6,500. What amount of casualty loss can Abel claim on his return (before deduction limitations)?
a. $0
b. $2,000
c. $6,500
d. $8,500
is the correct answer b
2 answers
Yes.
2,000
1 answer