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Level 1
March 15, 2026
Question

Is there any allowance or deduction for theft?

  • March 15, 2026
  • 1 reply
  • 5 views
We were victims of a cyber scam and lost $5,000.00

1 reply

Level 15
March 15, 2026

If the loss resulted from a Ponzi scheme you can enter it.    Other kinds of theft losses are not deductible.

**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.**