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Linda114
May 10, 2021
Solved

fraud losses

  • May 10, 2021
  • 1 reply
  • 0 views

can you deduct losses you suffered from a phone scam.

    Best answer by Linda114

    Thank you for your quick response.

    1 reply

    X
    xmasbaby0
    May 10, 2021

    No.   Casualty  and theft losses were eliminated as federal deductions by the tax laws that changed for 2018 and beyond.

     

    https://ttlc.intuit.com/questions/4482873-which-federal-tax-deductions-have-been-suspended-by-tax-reform

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    L
    Linda114AuthorAnswer
    May 10, 2021

    Thank you for your quick response.

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