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I invested in a business that has gone bankrupt and is a total loss. How do I document that?

 
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I invested in a business that has gone bankrupt and is a total loss. How do I document that?

you're asking from live for which you paid extra. discuss the details with your agent. 

PatriciaV
Employee Tax Expert

I invested in a business that has gone bankrupt and is a total loss. How do I document that?

Please clarify how you reported this business on your tax return last year. Is this your business or an investment that sends you Schedule K-1?

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