Solved: Are losses from criminally fraudeulent investment arrangements still tax deductible?if yes, where do they go on lacerte input? - Intuit Accountants Community

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Are losses from criminally fraudeulent investment arrangements still tax deductible?if yes, where do they go on lacerte input?

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Ponzi Scheme? Schedule D, personal loss subject to $3K per year. https://www.irs.gov/newsroom/help-for-victims-of-ponzi-investment-schemes

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Ponzi Scheme? Schedule D, personal loss subject to $3K per year. https://www.irs.gov/newsroom/help-for-victims-of-ponzi-investment-schemes

Here's wishing you many Happy Returns