close
    I was scammed out of a lot of money. Is this money deductable on my Income Taxes?

    Why no answer?

    +1  Views: 549 Answers: 1 Posted: 13 years ago

    1 Answer

    I am inclined to say "yes".  A couple of things need to happen:  a police report filed and some proof that such act indeed had occurred.  Check with your accountant regarding this matter.  To me, a scam is similar to other losses such as thefts and may be eligible for deductions.



    Top contributors in Other - Taxes category

     
    country bumpkin
    Answers: 6 / Questions: 0
    Karma: 270
     
    Colleen
    Answers: 21 / Questions: 0
    Karma: 255
     
    ROMOS
    Answers: 7 / Questions: 0
    Karma: 255
     
    Flip
    Answers: 4 / Questions: 0
    Karma: 120
    > Top contributors chart

    Unanswered Questions

    DA88
    Answers: 0 Views: 6 Rating: 0
    Điểm Karma là gì?
    Answers: 0 Views: 8 Rating: 0
    VU88 - Nhà Cái Đỉnh Cao Châu Á
    Answers: 0 Views: 8 Rating: 0
    Ae888
    Answers: 0 Views: 9 Rating: 0
    SUPERACE777 PH
    Answers: 0 Views: 9 Rating: 0
    9Winz casino
    Answers: 0 Views: 8 Rating: 0
    SunWin - Trải nghiệm giải trí đỉnh cao
    Answers: 0 Views: 10 Rating: 0
    SunWin - Trải nghiệm giải trí đỉnh cao
    Answers: 0 Views: 8 Rating: 0
    > More questions...
    488117
    questions
    724831
    answers
    819925
    users