TTB Pg 4-20 Ponzi Type Scheme deduction

[AZ-Tax]

Form 4684 Section C part 1 and 2. Upon looking at the TTB 2013 tax organizer, I do not see that particular question. TTB tab 4 says that certain losses Ponzi Type Scheme is new for 2013 tax year.

[ATSMAN]

I believe there was a special worksheet or procedure after the Madoff scandal for casualty losses as a result of ponzi type schemes.

[S T]

Try Rev Proc 2009-20 and Rev Ruling 2009-09 applicable to losses associated with Ponzi Scheme losses.

Sandy

[mastertaxguy]

TTB references

See also Pages 4-20 and 6-10. The form is 4684 (the 'normal' casualty and theft loss form), part C.