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
New Member
posted Dec 2, 2022 7:30:48 AM

Hi. I had money on the FTX crypto exchange and they went bankrupt and kept a butch of my money. I also don't have access to my transactions. what can I do?

Anyone having problems getting there transaction history for tax purposes?

0 1 318
1 Replies
Level 15
Dec 2, 2022 8:27:22 AM

For now, nothing.  You probably have a theft loss, and theft losses are not deductible.  You might have a Ponzi scheme loss, which is deductible, but you won't know how much your loss is until the bankruptcy is finalized and any recovered assets are distributed.  So I think you probably won't have anything to declare on your 2022 return one way or the other.