Just a quick note to say that I’m seeing most folks by now have received the 2021 tax information. This shows your distributions in ’21 and the various losses that are deductible to you.
Some folks took advantage of form 2009 (so called the Bernie Madoff rule) where you could take a 100% loss on any Woodbridge dollars you had invested – and will now each year have to claim back into income these distributions.
Of course no tax advice here, just wanted to clear up this timing.
Lessons Learned from the Woodbridge Scam 
Hey Greg I was told I could not write it off at the time. But my question to you is are you saying if you did write it off you have to claim as income now?
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you will need to push this question to your tax person, not I.
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