Hi TomD8,
Thank you for your kind reply. I was directed to bank transfer my money to Coinbase, and I was told in order to buy cryptocurrency, I need to download a website(where it does the trading. That site does show trading instantly, just like any other trading platform, It is called Ocean. So, I was directed to buy the cryptocurrency: Ether (ETH). The I was directed to how to make trade. So, that is not considered as assets? The last trade last for a week, then I was told I had lost, in order to turn around, I need to put more money in, that is when I realized it has to be a scam. So I refused. But my account being locked in an hour (the detective on the phone with me the whole time and confirmed that I was scammed). He told me I could claim the lost money using capital lost. This is all happened Jan. 2022. I know policeman and detective (assigned to my case by the local police department since they believe this fall into a white-collar crime). So, you still think this is theft loss? If so, would you be able advise me whether theft loss quality for any tax deduction? Thank you very much for your advice in advance. By the way, the money I got to pay these "trading" was from my stock sale (19 year worth of company stock plus 2 years of my personal stocks), of course, these money totally being scammed. Do you think I still have to pay the income tax for the sales of these stock in 2022? Or by any chance, since I lost every penny of that sale, at least I got some sympathy in terms of the tax? Sorry for the long question. Whenever at your connivence. Many thanks!
