In TurboTax, jump to the entry area for casualty loss: Open or continue your return. Search for casualty loss and select the Jump to link in the search results. Select Yes on the Did you have anything damaged or stolen in 2023?
Or enter it as an investment loss.
IRS continually changing laws so be careful posting under old threads.
Always look at IRS rules by doing google search like IRS AND Ponzi
You could also take a loss on investment sales with no 1099 received.. It all depends on details of your specific loss.
**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
