Hi,
I was the founder of a Delaware C-corporation and in 2022 I have loaned the company $25000 as a shareholder loan. The company did not take off as expected and I have recently dissolved the company in 2023. The original $25000 that I have provided as a loan and the interest on that loan was not paid by the company.
When I file my 2023 taxes, I assume I can deduct the losses I have incurred by this loan. Can I deduct the loss from my income for 2023? or should it be deducted as a capital loss?
Thanks!
