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Closed S-Corp with existing Credit Card debt I am personally paying
I closed my business March 31, 2020, but only the Dba. The Incorporation name is still active as I want to use the Incorporated name for something else, but still have Credit card debt associated with the Dba I closed. I am currently still paying off those credit cards as assets were not enough to cover. Can I write those off on my taxes, and how long can I write off for?
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March 4, 2021
8:24 AM