IsabellaG
Expert Alumni

Investors & landlords

For the most part, there is no deduction for lost or stolen crypto. Almost all casualty and theft losses aren't deductible from 2018-2015, unless the loss is caused by a federally declared disaster.

Mike9241 was explaining the rules concerning Ponzi-scheme losses, and are not handled in TurboTax. We would recommend consulting a tax professional who specializes in this area if this is your situation.

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