You'll need to sign in or create an account to connect with an expert.
Generally, to deduct a bad debt, you must have previously included the amount in your income, or loaned out your cash.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
gardineiro
New Member
maxium222
New Member
NelehCr0z
Returning Member
xgab38876
New Member
mrollins067
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.