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Level 1
December 7, 2019
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How to deduct a business bad debt on my return

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IRonMaN
IRonMaNAnswer
Level 15
December 7, 2019

If cash basis business, you don't - you already wrote if off by not including it in income to begin with.

Slava Ukraini!

2 replies

IRonMaN
IRonMaNAnswer
Level 15
December 7, 2019

If cash basis business, you don't - you already wrote if off by not including it in income to begin with.

Slava Ukraini!
abctax55
Level 15
December 7, 2019

"Can't write it off if you never wrote it on"   /s Archie aka Chuck.  May he RIP.

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