Tax Relief for Fraud Victims Act
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Table of Contents
Representative Adrian Smith introduced this bill in the House. It would change how taxpayers can recover certain losses resulting from fraud or theft.
Why it matters: This is a targeted change to the tax code intended to make it easier for victims of fraud to recover some of their financial losses through tax deductions.
Who it affects
- Individuals who have lost money to fraud or theft
This information comes from Congress.gov regarding a bill introduced in the House; check the official text before making financial decisions.
Agency: House
Source: Congress.gov — read the official document