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It depends on what why you "invested" in it. Did you buy stock? Buy a Partnership Interest? Loan money? Purchase equipment for your own business? Something else?
I have a similar question - I invested in return for a Safe Note. The company folded - now how do I account for the investment I made as a loss in 2021 taxes?
Yes, here is how to report your worthless non-business bad debt.
@mail4ksh
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