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I have a question about Sch C business that closed and has a casualty loss

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Level 2

I have a client that has a Sch C business of selling rugs.  He closed the business in 2018 but a large part of his inventory was destroyed by rat infestation.  I did the 4684 for business loss due to rat infestation and do I also do a disposition worksheet to close the business with the remaining inventory that he has not sold and probably won't.  As I said I did the 4684 and filled out the disposition worksheet showing gross sales as 0.  Did I complete the right forms and worksheet.

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Level 8

I'm not sure I would consider rats a casualty loss.  I would just write off the inventory as destroyed.

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Level 8

I'm not sure I would consider rats a casualty loss.  I would just write off the inventory as destroyed.

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