Ephesians3-14
Level 8
03-23-2023
06:53 AM
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I have a FL client who incurred $8,000 of unreimbursed personal casualty losses from Hurricane Ian. I see that the full loss can be deducted but not sure if I need to make an election on the tax return or where to enter the $8,000 loss. Do I need to prepare Form 4684...or is there a shortcut method in this case?
Any help would be appreciated. Three more weeks to go!
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