monojase
Apr 20, 2009, 12:10 PM
Hi,
I am a victim of a couple of PONZI schemes. I was recently advised that I can claim "theft" on my tax return and deduct the amount lost. Since I've already filed, I'd have to do this as an amendment, but before doing so, I wanted some advice. Is this legal? What documentation do I have to provide? Any downside or words of caution?
I am a victim of a couple of PONZI schemes. I was recently advised that I can claim "theft" on my tax return and deduct the amount lost. Since I've already filed, I'd have to do this as an amendment, but before doing so, I wanted some advice. Is this legal? What documentation do I have to provide? Any downside or words of caution?