Ledger and Trezor hack victims may claim US tax deduction, expert says
- —US theft losses are claimed under Section 165 via Form 4684
- —Ordinary investment losses are capped at $3,000 a year
- —The IRS requires proof of theft; on-chain transfers look routine
- —Russia treats crypto as property since 2025 but has no theft deduction
Why it matters: The guidance sets the bar for hack victims: without documentation and proof of theft, no deduction is allowed.
Source: BeInCrypto RU
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