This is for a Minnesota taxpayer claiming a ponzi loss in 2022.
Form M1CAT is populated by information/data entered into the federal casualty and theft worksheet. However, this is not the case for Part 1, Box 5c (Rev Proc 2009-20) Ponzi-Type loss. This box is properly checked and the related information entered into page 3 of the 4684.
Despite all my efforts, the M1CAT remains blank without the information entered into the federal casualty and theft worksheet.
Any help or ideas out there?
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.