The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  bad debt deduction Date:  2/16/2000  11:05 AM
Author:  joykap1 Number:  28827 of 127636

I was awarded a financial settlement by a large corporation (my ex employer) that went chapter 11, two years ago. I have never received a dime. Can I take this as a deduction and is it a business or non business bad debt or something else. I have some short and long term capital gains that I would like to cover. Thanks
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us