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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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- Gift Card Scam
Gift Card Scam
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cclark
Level 3
02-09-2024
01:39 PM
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I have a client who lost $9,500 on the a gift card scam. She thought she was talking to Apple support and called the phone number and she ended up buying gift cards to pay.
My question is can the client take a loss on taxes for this? Maybe a casualty loss?? Has anyone ever had this situation?
Thanks!
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