writeoff uncollected judgment (personal not business)
Hi Tax Gurus,
When building a house, I had to fire and subsequently sue a contractor for nonperformance after providing them with a substantial amount of money. I was awarded the money that I paid (almost 25K) but have not been able to collect after numerous attempts. sigh....
Am I able to write this off somehow? Theft? Anything?
Thanks for any insight you can provide.