Discussion:Non-Business Bad Debt

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Revision as of 04:13, 18 March 2008

Discussion Forum Index --> Advanced Tax Questions --> Non-Business Bad Debt
Discussion Forum Index --> Tax Questions --> Non-Business Bad Debt

Skhyatt (talk|edits) said:

18 March 2008
I have a client who loaned her Son approx 60K for his business back in 2002. His business went bankrupt and she is asking me if she can write this off. As I read Section 166, I cannot see a reason why she can't. Am I possibly missing/forgetting something here?
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