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Can we deduct $20,000 we were scammed out of?

@jeff1230 The online software for 2022 tax returns is not yet available.   It will be available in early December.   The CD/download for 2022 returns is available already, although it will require many updates as the tax season progresses.

 

If you need to file a return for an earlier year, then you cannot use online for that.   Only the CD/download for 2019, 2020, or 2021 can be used for prior year returns, and the returns must be mailed.  They cannot be e-filed.

**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.**

Can we deduct $20,000 we were scammed out of?

Looks like turbo tax/intuit removed your link. can you try again using a snaky way to state that link?

Can we deduct $20,000 we were scammed out of?

Can you please tell me how do you get money back? I really need some help on this same scammed money?

Can we deduct $20,000 we were scammed out of?

@jennifer_ho1   Some SPAM was removed from an earlier post in this thread.   If you suffered a loss from a Ponzi type scheme, you can enter the loss.  Other kinds of theft or casualty losses are not deductible on a federal tax return, per the tax laws that went into effect for 2018 and beyond.

 

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

 

And....think about this.....if you have already been scammed out of a significant amount of money, do you want to risk being scammed again by a random person posting in this user forum?

**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.**

Can we deduct $20,000 we were scammed out of?

Why was the link removed?

TaxAnn1
New Member

Can we deduct $20,000 we were scammed out of?

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