You'll need to sign in or create an account to connect with an expert.
No, that is not defined as a loss and cannot be entered on the tax return.
No. That would be theft. Theft is not currently deductible on your tax return.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
seisenberg
New Member
donschager
New Member
L-Argee
New Member
kathleengroody
Returning Member
tk01kj
Returning Member