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Get your taxes done using TurboTax
For now, nothing. You probably have a theft loss, and theft losses are not deductible. You might have a Ponzi scheme loss, which is deductible, but you won't know how much your loss is until the bankruptcy is finalized and any recovered assets are distributed. So I think you probably won't have anything to declare on your 2022 return one way or the other.
‎December 2, 2022
8:27 AM
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