can i deduct money from ponzy scam

[sam_hooks1]

how do i deduct money from a ponzi scam

[LeticiaF1]

This type of loss can be particularly complicated for tax purposes.  In many situations the tax treatment depends on factual determinations best handled by an attorney. TurboTax doesn't support tax losses from investment fraud. We recommend consulting a tax professional if you've experienced this situation.

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