Your suggestion worked, thank you. I have another issue but I’m not certain if you can respond in time before next Tuesday final day. It wasn’t until a few weeks ago, I learned that I was set up or taken advantage as a senior citizen, with funds sent to another country by unscrupulous persons, in other words I was scammed and the amount significant. I was reading the section on Casualties and Thefts. Could this section be used to declare the theft of my funds. Recently, I informed the FBI of this scam as was directed to me by the DOJ’s senior hotline (over 76) to report the incident under the FBI’s ic3.gov web site. Since this matter is international in scope, the local authorities may not be the best use of their time and searching for scammers in another country. Since these assets are taxable could I not declare my losses for 2022 as a theft deduction? I am aware that thefts, according to the reading, does not strike at this kind of theft, but it could be labeled as “Extortion Embezzlement or even Blackmail” The last line in the explanation states that “the taking of money or property through fraud or misrepresentation if it’s illegal under state or local law”. The extortion in this case is holding out potential assets for recovery by soliciting more money from me.
