LibraryScenariosWhen Market Losses Tempt Tax Dishonesty
Scenario

When Market Losses Tempt Tax Dishonesty

My retirement account lost a huge amount this year and I am tempted to claim it was worth less than it actually was to reduce my required distributions. No one would ever know but me.

Zera
Online
The coach is replying

More people experience this than they realize.

What we've seen

Financial setbacks create temptation to recover losses through dishonest means when legitimate options feel inadequate.

Ideas that help explain it
Worth thinking about

“Where Are You with Tax avoidance vs. tax evasion — ethics?”

If this sounds familiar, the Library can help you find the bigger picture.