topic Theft /Fraud in Retirement tax questions

Theft /Fraud

Lippyleo — Tue, 10 Feb 2026 10:49:03 GMT

I have an Adjusted gross Income of $196.435.00

why my theft loss of $ 266,600.00 personal loss did not change the refund/ payment amount on my taxes

I am doing a schedule A. by my calculation of I should be getting to write off either $26,660.00 or $19,643.50 minus $100.

I have tried to enter this several times and every time it comes out as 0 or no entry on the turbo tax print out.

Re: Theft /Fraud

Bsch4477 — Sun, 25 Feb 2024 04:33:42 GMT

For tax years 2018 through 2025, you can no longer claim casualty and theft losses on personal property as itemized deductions, unless your claim is caused by a federally declared disaster.

Re: Theft /Fraud

Lippyleo — Sun, 25 Feb 2024 05:15:05 GMT

thank you for the Info. this really sucks.I got wiped out by fraud. I cant recover any of it in loss of income