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I am a senior and have had thousands of dollars in which I have been frauded. #1 was a facebook fraud for $10000 and $5000 for timeshare fraud. Can i get any help?

All fraud has been reported to local police which they said nothing they could do.
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I am a senior and have had thousands of dollars in which I have been frauded. #1 was a facebook fraud for $10000 and $5000 for timeshare fraud. Can i get any help?

Theft losses are not deductible on a federal tax return due to the tax code changes in effect for tax years 2018 thru 2025. 

 

The taking of money or property through fraud or misrepresentation is theft if it is illegal under state or local law.

Anonymous
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I am a senior and have had thousands of dollars in which I have been frauded. #1 was a facebook fraud for $10000 and $5000 for timeshare fraud. Can i get any help?

The only fraud type losses that are currently deductible are those from Ponzi type schemes.  None of your losses appear to be of that type.  

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