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It more complicated then reversing my 2016 taxes, claw backs change the way I handle the loss. It also helps those I know who are also investors who either made money or lost it move forward after dealing with this for more then 2 years. Des's link does show you can extend the statue of...

Thanks for that, I hope I am understanding the ruling right that it can be extended however upon reading it appears that they would have to apply for a extension before the 2 year expiration or do you think that is a moot point?

I don't need tax advise already have that it just comes down to choices and if there are not going to be claw backs there is no money to recover and no choices to make tax wise. I just wanted to see if the door was shut on claw backs so my choice has been made for me.

I don't believe the schemer is going to be able to discharge the debts and I am sure that there is no more money then what has been frozen to take. I am just wondering if the Trustee is going to be barred from filing claw back suits against those who received back more then they invested since...