I sent a 1099-C to a troubled company. Where do I claim the loss in Turbo Tax H & B?
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I sent a 1099-C to a troubled company. Where do I claim the loss in Turbo Tax H & B?

I loaned money to a start-up company for its operation.  The year after that, the company is in default and cannot pay back the loan.  I had  to issue the  1099-C.  Where can I claim this loss in Turbo Tax Home and Business?

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I sent a 1099-C to a troubled company. Where do I claim the loss in Turbo Tax H & B?

Follow the directions in the answer link below to enter this bad debt in TurboTax Home and Business.

https://ttlc.intuit.com/replies/5416374

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