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Can I deduct a recently settled ,defaulted small business loan, which I am currently paying off although that original business no longer exists and has not since 2013?
It was deductible when the business was in operation, but the business closed and I stopped paying....just settled with the US Gov't. If it was deductible then, it should be deductible now. yes?
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‎January 20, 2023
3:05 PM