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Lego Man · 05-18-2012, 11:13 PM

I think whatever bad debt is remaining (that isn't collectable) must be treated as a Captial Loss, meaning only half can be deductible agaisnt any taxable gains he may have had this year (or carried over into previous/future years).

I think.

05-18-2012, 11:13 PM	#3
Lego Man Hero Join Date: Apr 2009 Exp:	I think whatever bad debt is remaining (that isn't collectable) must be treated as a Captial Loss, meaning only half can be deductible agaisnt any taxable gains he may have had this year (or carried over into previous/future years). I think.