Can I deduct a payment made to a scam artist

I was Scammed by a fraudster for $4000, can I deduct this on my taxes?

posted

Sorry---theft losses are not deductible on your tax return unless they are the result of a Ponzi scheme.

**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.**

I have large medical bills and met my deductible for the year, however, have not made payments on the bills. Do I still claim them on my taxes?

in Deductions & credits

Expert does your taxes

Do it yourself

Resources

Support

Can I deduct a payment made to a scam artist

Can I deduct a payment made to a scam artist

Get more help

Do you have a TurboTax Online account?

Can I deduct a payment made to a scam artist

Do you have an Intuit account?

Can I deduct a payment made to a scam artist

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert