Hey guys,
I too have noncollectable debt as a creditor (house remodel contractor, sued, won, lean, zilch at the end) which occurred in 2010 - that's a decade ago.
Is there a limitation on when I can consider it noncollectable (which I now have) and is there a limitation on WHEN to claim it?
In terms of the TT mechanics, it seems that the software has changed so where do I exactly trigger the process of entering the bad debt (as some have clarified it is a short term investment loss)? @elliotstonertaxe if you have found where that drop list is please share it with all of us. Also what's the $70 for? Small claims filing fee?
Thank you
