Question

Can I claim a deduction for someone stealing my email account number and using it to withdraw funds from my stock market account?

Forum|Forum|4 years ago
April 7, 2022
1 reply
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I had a loss of $53,000 because someone hacked into my account with a stockbroker and withdrew this money. Charles Schwab will not return the money because I was not aware that it was happening and I didn't notify them within 60 days. Can I claim this on my return?

TurboTax Premier Online

macuser_22

Employee

Sorry but no. Congress eliminated personal theft and casualty losses from 2018-2015.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**