PJC4
Level 3

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In my case there were no gains so Line 33 is not applicable.

However, Instructions for lines 29 and 34 read as follows:

"On lines 29 and 34, use a separate line to
identify each casualty or theft. If you have more
than two casualties or thefts, attach an
additional sheet following the format of lines 29
and 34."

The only difference between lines 29 and 34 is that line 29 is for "...Property Held One Year or Less"

and line 34 is for "...Property held more that one year" (according to the titles on the form).

 

Any feedback on this interpretation?