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If I loaned a friend $25,000 over the course of 2025 and they are unable to pay it back. Is that a bad deb that I can deduct?
annaklumb82
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If I loaned a friend $25,000 over the course of 2025 and they are unable to pay it back. Is that a bad deb that I can deduct?
If I loaned a friend $25,000 over the course of 2025 and they are unable to pay it back, is that considered a bad debt that I can deduct?
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TurboTax Online
‎January 7, 2026
3:39 PM
