turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I filed for bankruptcy? can I get a tax break?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
KatrinaB
Intuit Alumni

I filed for bankruptcy? can I get a tax break?

It depends. A business bankruptcy can be deducted as a business expense. However, a personal bankruptcy is not usually reported. Please view the Turbo Tax FAQ below, for more information.

https://ttlc.intuit.com/replies/3301843

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question