Question

form 4684

trying to fill out form 4684 for Ponzi use TurboTax to electronic file. It does not support this form. How do I complete and send in? 2023 taxes

Employee

TurboTax does not support tax losses from investment fraud. We recommend consulting a tax professional if you've experienced this situation.

IRS Form 4684 is available using TurboTax but is not advisable for you to complete the form for a Ponzi type loss without professional assistance.

Using the TurboTax desktop editions -

Click on Federal Taxes (Personal using Home & Business)

Click on Deductions & Credits

Click on I'll choose what I work on

Scroll down to Other Deductions and Credit

On Casualties and Thefts, click on the start button.

IRS From 4684, Casualties and Thefts Instructions page 7 Losses From Ponzi-Type Investment Schemes - https://www.irs.gov/pub/irs-pdf/i4684.pdf#page=7

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