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Business & farm
Please clarify and expand upon your question/problem. What type of entity is involved in the casualty loss? Individual filing a Schedule C? Partnership filing a 1065? S-Corp filing an 1120-S? A mixture of such as if the business was in a Subchapter S configuration but the building is owned by you personally and for which you paid yourself rent?
We would need more information about your particular status before we can advise you further.
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March 21, 2023
6:45 AM