Kathryn304
Level 1

My client a corporation, had cyber theft from their bank account.

How do I record it on the tax return 1120?

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IRonMaN
Level 15
I’m just curious - what happened if the bank didn’t cover the theft?

Slava Ukraini!
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sjrcpa
Level 15

A theft loss is a casualty or theft loss reportable on Form 4684..


Ex-AllStar

View solution in original post

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