Can report a business loss (unpaid invoice) of $5,250 on my Schedule C?

posted

Connect with an expert

2 Replies

Can report a business loss (unpaid invoice) of $5,250 on my Schedule C?

No.

You essentially get a deduction by not having to include the $5250 in your reportable income. But you may deduct any expenses you had for that billable income.

Can report a business loss (unpaid invoice) of $5,250 on my Schedule C?

Thank You Hal_Al!!!!

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

Can report a business loss (unpaid invoice) of $5,250 on my Schedule C?

Can report a business loss (unpaid invoice) of $5,250 on my Schedule C?

Can report a business loss (unpaid invoice) of $5,250 on my Schedule C?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Can report a business loss (unpaid invoice) of $5,250 on my Schedule C?

Do you have an Intuit account?

Can report a business loss (unpaid invoice) of $5,250 on my Schedule C?

Can report a business loss (unpaid invoice) of $5,250 on my Schedule C?

Unlock tailored help options in your account.

Get more help

Related Content