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Submitted 270 days ago...

Mansart731

Mansart731

New User (1)

Deduction for loss of business?

Can I show a loss from a business that went bankrupt that gave me a 1099-misc.?

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Answer 1 / 1 - Submitted 270 days ago...

guido

guido

Expert (989)

If it was your business and you lost money on it then it should factor into your tax return.

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