killians913
New Member
Member profile
Activity Feed for killians913
- Posted Should I account for payments I made under Section 2302 of CARES ACT in my 2021 tax return? on Retirement tax questions. April 12, 2022 4:57 PM
- Posted Re: Can you write off fraud? on Get your taxes done using TurboTax. May 12, 2021 11:08 AM
May 12, 2021
11:08 AM
Dear AmyC, I have tried to review and interpret the links you provided and am still confused by what I can or cannot legally deduct on my 2020 taxes. I was caught up in a Publisher's Clearing House fraud and lost a considerable amount of cash. I have reported the fraud/loss to the FBI, FTC, USPS IG, and local authorities at the State level. Can you explain/elaborate if I can or cannot legally deduct this cash loss on my 2020 taxes and what the procedure is for doing so and where on my 1040 return please? Thanks much for your help!
... View more