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Get your taxes done using TurboTax
You have to report any sales or transfers that took place in your account, the same as if you had kept the money or cryptocurrency, even if you did not initiate the transactions. Under the 2017 tax law, there is no tax deduction for theft losses in 2018 through 2025. There is an exception for Ponzi schemes, but it doesn't seem like that's what you are dealing with.
March 18, 2022
12:32 PM