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posted Oct 8, 2024 11:18:00 AM

Can I report a loss from a hacked bank account?

Bank account hacked can I report loss to the IRS?

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1 Replies
Level 15
Oct 8, 2024 11:23:35 AM

Theft loss is not deductible on a tax return, since the tax laws that were enacted for 2018 and beyond.   Report the loss to the bank and to the police.

 

If you believe that your identity has been compromised:

 

https://ttlc.intuit.com/questions/1900655-what-to-do-if-you-suspect-tax-related-identity-theft

 

 

Most important) Follow the IRS procedures for reporting a fraudulent return, documented here: www.irs.gov/uac/Taxpayer-Guide-to-Identity-Theft

 

IRS INFORMATION REFERRAL TO REPORT VIOLATION OF TAX LAW

https://www.irs.gov/pub/irs-pdf/f3949a.pdf

 

 

If your Social Security number is compromised and you know or suspect you are a victim of tax-related identity theft, take these additional steps:

  • Respond immediately to any IRS notice; call the number provided.
  • Complete IRS Form 14039, Identity Theft Affidavit. Then print and mail or fax according to the instructions. 
  • Continue to pay your taxes and file your tax return, even if you must do so by paper.

 

 

 

6-digit IP NUMBER FROM IRS

 

https://content.govdelivery.com/accounts/USIRS/bulletins/2af48f0?reqfrom=share

 

to get you new PIN from the IRS

https://www.irs.gov/identity-theft-fraud-scams/retrieve-your-ip-pin