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robertfmorris
New Member

Can you write off monies lost to a scammer

 
posted
‎January 18, 2024 1:46 PM
last updated ‎February 10, 2026 1:53 AM
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DoninGA
Level 15
Level 15

Can you write off monies lost to a scammer

Theft losses are not deductible on a federal tax return due to the tax code changes in effect for tax years 2018 thru 2025.

‎January 18, 2024 1:47 PM
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xmasbaby0
Level 15
Level 15

Can you write off monies lost to a scammer

Thefts are not deductible except for certain types of Ponzi schemes.  What happened?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎January 18, 2024 1:48 PM
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