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The Nexus
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theft-loss deduction

Coverage of theft-loss deduction in the Nexus archive.

Earliest in view: Jul 15 · 03:28 UTCMost recent: Jul 15 · 03:28 UTC
Co-mentioned in this coverage
IRSorganization1IRC §165(c)(2)topic1Chief Counsel Memorandum 202511015topic1crypto investment scamstopic1Telegramorganization1WhatsApporganization1Discordorganization1
Recent coverage
  • SECURITYJul 15 · 03:28 UTCR/SCAMS
    Lost Crypto in an Investment Scam? The Loss May Be Tax Deductible

    The article discusses how losses from crypto investment scams may be tax-deductible under IRS guidelines, citing IRC §165(c)(2) and a 2025 Chief Counsel Memorandum. It provides prevention advice, such as avoiding investments from unsolicited sources, and clarifies that deductions depend on factors like the intent to profit and irrecoverable losses.