fraud losses

Linda114 · ‎May 10, 2021

can you deduct losses you suffered from a phone scam.

Linda114 · ‎May 10, 2021

Thank you for your quick response.

xmasbaby0 · ‎May 10, 2021

No. Casualty and theft losses were eliminated as federal deductions by the tax laws that changed for 2018 and beyond.

https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-re...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Linda114 · ‎May 10, 2021

Thank you for your quick response.

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