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Additional Income due to Identity Theft
I was a victim of identity theft and it resulted in a fraudulent redemption of mutual funds and other losses from bank accounts. I not only lost the funds from the mutual fund redemption but the 1099-B I received from the mutual fund management company with the short and long term gains results in $6000-7000 additional taxes now and $2000-3000 in additional Medicare premiums next year. How do I report this?
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‎April 9, 2025
8:08 AM