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May 12, 2020
Question

i got scammed $6,500 for work for home opportunity last year am i able to deduct this?

  • May 12, 2020
  • 2 replies
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i got scammed $6,500 for work for home opportunity last year am i able to deduct this?

2 replies

rjs
Employee
May 12, 2020

Unfortunately you cannot deduct the loss. Under the new tax law that was passed in 2017 there is no deduction for theft losses for years 2018 through 2025.

 

Employee
May 12, 2020

Unfortunately this is not deductible on your tax return.