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Sugar6
New Member

scam

i have been the victim of a scam, 10,000.00     how will it affect my taxes next year 2024 taxes/  i am retired and on a fixed income and use standard deduction.  how can i use this to lower my tax burden for 2024?

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1 Reply
Vanessa A
Expert Alumni

scam

This is not tax deductible.  Scams and losses are not deductible under current tax law. 

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