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I was scammed for over 80k can this be a tax deduction, what…

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I was scammed for...

I was scammed for over 80k can this be a tax deduction

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Investment scam

Submitted: 6 months ago.Category: Tax
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12/8/2017
Tax Professional: Robin D., Senior Tax Advisor 4 replied 6 months ago
Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 18,056
Experience: 15years with H & R Block. Divisional leader, Instructor
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Hello, I'm Robin. Welcome to JustAnswer. I'm reviewing your question now and typing up my reply. I'll post that in just a few moments.

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Tax Professional: Robin D., Senior Tax Advisor 4 replied 6 months ago

It may be reported as a theft loss. The actions of the person need ot be criminal in nature and meant to deceive you.

A qualified investor’s discovery year is the taxable year of the investor in which the indictment, information, or complaint is filed.

You would report on form 4684

Please let me know if you need more information.
If not then scroll up to see the STARS to rate so I am credited.

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