- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Theft by email scam
In 2015 while purchasing a house my real estate agent's email was hacked and used by scammers to falsely advise me to wire a $15,000 deposit. The theft was subsequently investigated by the state police. I filed a lawsuit against the real estate firm (they claimed to have "state of the art" internet services") and subsequently settled for $7,500 after filing a lawsuit. The $7,500 settlement was reported on a 1099misc. Since the money lost was from a Roth account, the taxes had already been paid. If I report the 1099misc, it seems like I will be double taxed. I never declared a deduction for the original loss because of the ongoing investigation and possibility of recovery through lawsuit.
March 4, 2019
9:16 AM