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Old 03-16-2006, 05:21 AM
Phil Marti
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Default Re: loss from unpaid law suit "win"

"Ted" <Ted[at]ixmil.com> wrote:

- quote -

> I sued someone for money I paid him to install a window. I
> won, but he has not paid me and it is probably
> unrecoverable.


See "nonbusiness bad debts" in IRS Publication 550.

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
  #-1  
Old 03-15-2006, 08:09 AM
Ted
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Default loss from unpaid law suit "win"

I sued someone for money I paid him to install a window. I
won, but he has not paid me and it is probably
unrecoverable.

Can I take it as an unpaid debt, or something like that?

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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law, loss, suit, unpaid, win
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