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After you file
Thanks Diane for sticking with me.
I know what I am getting back from my initial investment so let's say that I am not losing anything from the money I invested. That amount was used in the court case. He had purchased houses, cars etc and they were sold to repay all of his investors.
I think what you are telling me is that I can add all of the income on the 1099's from 2009 to 2020 and use that amount as my loss on form 4684 #42? And in saying that I am only going to get 75% of my loss?
You have been very helpful!
‎February 5, 2024
2:59 PM