Post
Topic
Board Legal
Topic OP
What if I lost coins to a scam, for my taxes?
by
Sergeant Major
on 02/12/2024, 15:28:14 UTC
I posted about this a few months ago.  Through some sheer brain dead dumbassery on my part, I sent 3.32 ETH worth $9000 to an Elon Musk crypto scam a few months ago.

My Coinbase account will show it as a withdraw, but it was lost to a scam.

So when Coinbase sends me a 1099-K or whatever the tax form is, how can I allow for this as a LOSS, not taking a profit?