Jennifer incurred personal casualties from a hurricane in a federally declared disaster area. The two casualties were 1. Boat : adjusted basis 20,000 fair market value before the incident 18,000. Fair market value after the incident 2,000. Insurance reimburse 5,000 2. Antique car - adjusted basis 15,000 . Fair market value before the incident 50,000 fair market value after the incident 10,000 . Insurance reimbursement 20,000. Her agi for the year is 40000 what is her deductible loss. Assume the answer is 2023
