2 responses to “IRS: Madoff Victims Can Deduct Up to 952 of Investment Loss”

  1. […] IRS: Madoff Victims Can Deduct Up to 95% of Investment Loss by Bruce Carton of Securities Docket […]

  2. So let me understand this IRS plan. If I get sucked into a bad deal and lose money, the government will let me write it off? I bought this mutual fund in 2007. It sucked and I lost my money. So I guess I can write it off? How about that Super Bowel bet in 1997 where I lost $25?
    So any fool that makes a bad deal and is cheated, can have a write off? Our country is screwed until people take responsibility for their own STUPID thinking.