Question: January 2 9 , 2 0 2 4 Ms . Amy Westbrook 1 0 0 Tyler Lane Erie, PA 1 6 5 6 3 Dear
January
Ms Amy Westbrook
Tyler Lane
Erie, PA
Dear Amy:
I am following up with you regarding your question about the possibility of taking a bad debt deduction on the loan you made to Sara Stuart.
Your loan to Sara Stuart a business bad debt; therefore, you are allowed to take a bad debt deduction for partial worthlessness. You be able to take a bad debt deduction in the current year of $
Should you need more information or clarification, please contact me
Sincerely,
Danielle A Ross, CPA
Partner
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