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Level 1
March 22, 2020
Question

repayment on a defaulted loan

  • March 22, 2020
  • 2 replies
  • 10 views

I co signed on home loan for my son he defaulted and I had to pay. Am I able to deduct that amount that I paid on my tax return

    2 replies

    Level 15
    March 23, 2020

    Who owns the house? 

    Level 15
    March 23, 2020

    Was the home used for personal or business use?

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