JohnTC1
New Member

Tax Deduction for Unpaid Services?

In 2018, the company I was working for as an independent contractor disappeared.  I was owed half a year's pay for work I performed.   After filing a lawsuit that has gone on for four years, I learned that there is no money for the settlement, and I am out that money.   Is the amount I am owed deductible for the 2022 tax year?