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Get your taxes done using TurboTax
You may be able to claim a casualty loss for the fraud.
You can only deduct your losses that exceed 10% of your AGI+$100. In addition, it is an itemized deduction. If you usually take the standard deduction, you'll have to now find additional itemized deductions to exceed the standard deduction.
In TurboTax, enter at:
Federal Taxes Tab
Deductions & Credits
-Scroll down to:
--Other deductions & Credits
---Casualty & theft
Or type- casualty loss -in the search box
For more info, see:
http://www.irs.gov/pub/irs-pdf/i4684.pdf
‎June 6, 2019
9:12 AM