Can i get the money i gave people to help them out and didn

rmartin2122 · ‎December 31, 2021

xmasbaby0 · ‎December 31, 2021

Not sure what you are referring to. But gifts you gave to other people are not deductible on a tax return. What are you trying to do?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

rmartin2122 · ‎January 3, 2022

I loan pepole money because they asked for help and needed it and I never got it back from them not a cent

xmasbaby0 · ‎January 3, 2022

You have not provided any details so we don't know if you are talking about loaning a few dollars to someone or if you are talking about large sums of money you loaned out.

Not sure if what you are describing will qualify as a non-business bad debt, but read this previous reply about bad debts.

https://ttlc.intuit.com/community/taxes/discussion/turbotax-premier-2020-can-t-enter-uncollectible-d...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Can i get the money i gave people to help them out and didn