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New Member
posted Apr 8, 2023 1:45:34 PM

I lost nearly 100K in a crypto trading scam. Can I report that as crypto losses?

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1 Replies
Level 15
Apr 8, 2023 6:05:49 PM

no.  losses due to scams are casualty losses. only Ponzi type casualty losses are deductible on schedule A and Turbotax does not handle this situation.