Cannot find where or how to input the loss on a loan to an individual. Where does it go?
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To report a loss on a Nonbusiness bad debt, follow the steps below.
Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales
On the next screen, click Yes
On the next screen, click No
On the next screen, choose Uncollectible debt (Nonbusiness Bad Debt) and continue with the section until it completes.
To report a loss on a Nonbusiness bad debt, follow the steps below.
Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales
On the next screen, click Yes
On the next screen, click No
On the next screen, choose Uncollectible debt (Nonbusiness Bad Debt) and continue with the section until it completes.
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