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March 16, 2020
Question

I was scammed out of $2900. Can I deduct it, and if so, where do I put it on the form?

  • March 16, 2020
  • 1 reply
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1 reply

ColeenD3
March 16, 2020

Unfortunately, no.

 

In the past, you might have claimed a theft loss.

 

 Under the new tax law, for tax years 2018 through 2025, the personal casualty and theft loss deduction isn’t available, except for casualty losses incurred in a federally declared disaster.