Committee backs tax relief amendment for scam victims, agrees to look‑back option Lawmakers amended LD 714 to conform state tax treatment to federal IRC §165 for victims of criminal theft scams and approved a look‑back to Jan. 1, 2023 to let affected taxpayers seek relief. MRS counsel said pig‑butchering and many impersonation scams can qualify under IRS guidance, though retroactivity raises software and fiscal questions.

Maine lawmakers have taken a significant step to protect scam victims from being taxed on stolen funds, introducing a retroactive relief option that could benefit many affected taxpayers.

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