Anglis
Level 3
07-02-2020
09:49 AM
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qbteachmt
Level 15
07-02-2020
10:06 AM
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It's not bad debt; it's personal theft loss and this is not deductible. See the IRS resources, such as:
https://www.irs.gov/taxtopics/tc515
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.
George4Tacks
Level 15
07-02-2020
11:17 AM
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File a claim with your state contractors licensing agency. File at least in small claims court to establish a valid debt, then maybe you can claim a casualty loss due to theft.
Here's wishing you many Happy Returns
