Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 02-17-2015, 02:27 PM
Junior Member
Join Date: Feb 2015
Posts: 3
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.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
1099's in business and personal names ginardo7 Limited Liability Company 1 09-08-2014 03:56 PM
Leasheold improvments and business personal property tax ChrisNZ For 2013 2 01-15-2014 04:24 PM
Who claims the childrens exemption if this is not specified in the divorce judgment? TaxGuru Divorce Tax Issues 0 09-29-2009 08:38 PM
moving money between business and personal texastaxpayer S-Corporation 1 03-25-2009 11:46 PM
TAx write-off of uncollected lawsuit wkfan Miscellaneous 1 02-14-2009 12:01 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning

» Recent Tax Q&A
No Threads to Display.