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    glodat's Avatar
    glodat Posts: 12, Reputation: 3
    New Member
    		  
    #1

    Jul 13, 2012, 04:17 PM
    Can I claim these investment loses?
    I invested with a financial services company in some trust deed loans. When the market flopped, so did the borrowers. I know one of the (3) loans I was on defaulted, another one put up an out of town property in lieu of backrupcy and the final one negotiated a lowered loan somehow. All said, I'm out of about 50K of my investment(retirement) funds. Can I take a loss on my return when I file my 2012 taxes?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jul 13, 2012, 04:30 PM
    Sorry, but no.

    The losses incurred on retirement investments are not deductible.
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