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New Member
posted Jun 6, 2019 6:49:22 AM

We had a C Corp business that we loaned personal money to during the year. We recently filed bankruptcy for the company and how can we deduct the personal loans we made ?

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2 Replies
Level 15
Jun 6, 2019 6:49:24 AM

You'll deal with that on  your personal taxes, when you get to that point in the program, under the Deductions & Credits tab in the Casualty and Thefts section.

Level 15
Jun 6, 2019 6:49:26 AM