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

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

hkgmamta
New Member

Reporting of non business loan by an indvisual

One of the answers to above question in the community states that"A nonbusiness bad debt deduction requires a separate detailed statement attached to your return. The statement must contain: a description of the debt, including the amount and the date it became due; the name of the debtor, and any business or family relationship between you and the debtor; the efforts you made to collect the debt; and why you decided the debt was worthless.

 

My concern is that when I am transmitting  the return on line, how do I submit that statement alongwith form 8949 .

 

Secondly as I am filing the amendment to my 2021 return, which is already assessed, can I file the amendment on line or by paper only. How do I file amended return electronically.

 

Thanks in advance.

Connect with an expert
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 Best answer

Accepted Solutions

Reporting of non business loan by an indvisual

there is no way to include the statement you mentioned in an e-filed return. it will have to be mailed with the statement included. follow Turbotax filing instructions include copies of W-2's and any other form with withholding. 

 

with Turbotax a 2021 return can only be mailed. 

View solution in original post

1 Reply

Reporting of non business loan by an indvisual

there is no way to include the statement you mentioned in an e-filed return. it will have to be mailed with the statement included. follow Turbotax filing instructions include copies of W-2's and any other form with withholding. 

 

with Turbotax a 2021 return can only be mailed. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies