Determine itemized deductions including losses?

Question

During the leonard, a single taxpayer, had an AGI of 40,000 before considering the following items

loss from damage to rental property (6,000)
loss from theft of bonds (3,000)
personal casualty gain 5,000
personal casualty loss (after 100 floor) (9,000)

determine the amount of leonards itemized deductions including the losses

a 0
b 3600
c 8100
d 8600
e none of the above


anyone ???????????????????????????????? please

Answer 1

IRS Pub 547 http://www.irs.gov/pub/irs-pdf/p547.pdf will tell you everything you need to know to get your homework done.

FYI, it will only tell you how much casualty loss is deductible, not the total itemized deductions as you didn't include anything but the casualty loss.

Answer 2

Another homework question.