YC Action Brackets

J Patrick Draine draine@comcast.net
Sat, 12 Mar 2005 11:54:50 -0500


On Mar 12, 2005, at 12:44 AM, CChristus wrote:

> Anybody know how to write off such losses on Schedule C, or elsewhere, 
> on tax return?

Well, assuming you had entered the invoiced amount as income for 2004, 
you can enter the same amount under "bad debt". Or at least that's my 
interpretation/memory of my Schedule C ...

Patrick Draine


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