Sojin
New Member

Get your taxes done using TurboTax

Hi James,

As part of the initial task completion, they have send me $55, which is the only transaction details on the 1099-B form. After that, they didn't made any transactions to me and was asking to complete the tasks and withdraw full amount after that. But they were giving excuses that, I missed to complete the tasks (Needs to buy apps and review it) on time, hence it the account got hold, and many other excuses. So, do I need to report this 1099-B form for 2024 tax filing?

 

Also on the theft loss, since this have been done with criminal intent, whether I could apply it in the form 4684, Sch B?

Also since majority of the amount (68k) is lost in 2025, and only 15k in 2024, whether I should do this itemized tax deduction while filing tax for 2025? And if I can do it for 2025 tax filing, whether I could include the 2024 transaction also?