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Business 2 Business investment, can I write it off as expense if no return on my investment yet from 2021?

 
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1 Reply
DavidD66
Expert Alumni

Business 2 Business investment, can I write it off as expense if no return on my investment yet from 2021?

Probably not.  You would have to determine that there is no reasonable expectation that you were going to recover your investment.  The company you invested in filing bankruptcy would be a good indication you weren't going to recoup your investment, but it's not the only one.

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