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New Member
posted Oct 29, 2019 11:29:04 PM

Investment lost, fraud

I had an investment loss of X0,000.00 can I claim anything on my taxes. Alberta Securities is investigating the fraud and I am waiting. I paid off the loan I had so that I wasn't paying interest expense, as money I did have invested was not paying the same amount of interest as the loan for the borrowed money was costing me.

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1 Best answer
Level 7
Oct 29, 2019 11:29:05 PM

You might be able to claim capital losses but it depends on your tax situation. Review the content in the following link for an overview: https://turbotax.intuit.com/tax-tools/tax-tips/Investments-and-Taxes/Capital-Gains-and-Losses/INF12052.html

6 Replies
Level 7
Oct 29, 2019 11:29:05 PM

You might be able to claim capital losses but it depends on your tax situation. Review the content in the following link for an overview: https://turbotax.intuit.com/tax-tools/tax-tips/Investments-and-Taxes/Capital-Gains-and-Losses/INF12052.html

Returning Member
May 19, 2020 10:35:48 AM

I didnt borrow no money i am trying to claim a dependent and some one one else fraud and claim her i would like to know how i go about this and i do not want to claim state taxes right now. Please give me a call at [phone number removed]. Or email me [email address removed]

Level 15
May 23, 2020 10:06:49 AM

If you know that someone has claimed your child and never had the right to, you will need to contact CRA to advise them. They will then advise you on how to proceed with your return.

https://turbotax.community.intuit.ca/community/federal-taxes/help/how-do-i-contact-the-canada-revenue-agency-cra/00/873448

Returning Member
May 23, 2020 12:01:58 PM

Hi my name is margaret hudson i have. An open fraud case i needed help knowing what is going on with it and ect please. Likevto talk live with some one [phone number removed]

Level 13
May 24, 2020 8:27:09 AM

Please follow the directives provided below to speak with an agent:

Returning Member
May 25, 2020 7:35:22 AM

I have not recieved my audit fraud return . neded to. Know it was receivedd. And processing time? Contact informattion of auditor please.  

 

Thank. You

 

 

Margaret c hudson