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WSEX is officially closed, can I declare that money as a catastrophic loss? WSEX is officially closed, can I declare that money as a catastrophic loss?

03-27-2014 , 04:29 PM
I know of no bankruptcy process happening or the like. So I assume the 10k I had frozen up there is officially a catastrophic loss? What year would it even apply to?
WSEX is officially closed, can I declare that money as a catastrophic loss? Quote
03-29-2014 , 10:47 AM
I am not a tax professional, but this would appear to be similar to AP/UB missing funds, which fall into the category of a casualty loss, presumably occurring for the tax year in which the funds were determined to be gone: http://www.taxabletalk.com/2012/12/2...rultimate-bet/
WSEX is officially closed, can I declare that money as a catastrophic loss? Quote

      
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