Write off closed business bills

[Niborls]

I closed my car lot in 2017. When I closed it I still owed A lot of bills which I just finished paying off. Can I wright bills off on a business I closed in 2017? If so which form would I use?

[RobertG]

Yes, even though you have ceased to do business you can deduct ordinary and necessary business expenses incurred while the business was still active.  You report them on the same business schedule, such as a schedule C, the you used when the business was active.

[Critter]

If you had already deducted the entire cost for something on the Sch C you cannot deduct the cost again ... so if you are just paying off the loans all you can deduct now is the interest.  

[Niborls]

It was credit cards, storage and taxes that I finally got all paid off. Thank you.