Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Mar 13, 2023 3:14:49 PM

Had cash stolen in a fraud situation. Trying to fill our Form 4684. I know date of theft. How do I determine date acquired?




0 2 533
2 Replies
Level 15
Mar 13, 2023 3:20:30 PM

Casualty and Theft losses are not deductible on a federal tax return unless the loss occurred in a federally declared disaster area.

Level 15
Mar 13, 2023 11:32:38 PM

if it was a loss due to a PONZI scheme a special section of the 4684 needs to be completed but Turbotax does not handle PONZI losses.