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Get your taxes done using TurboTax
What kind of bad debt? It matters. For example, if your business provided services or product to a client and that client never paid you, then there's nothing to write off. You can't "write off" that which you didn't pay taxes on to start with.
Did your company loan money to another entity maybe, and you've given up trying to collect the payback?
‎June 17, 2019
3:43 PM