How do I write off my defunct business partnership on my taxes? I ended a 2 year self employment partnership (incorporated LLC) August of this year, walking away with around $8k in personally liable loans, as well as racking up another $5K after my car was repossessed.
I want to know how best to claim this loss on my taxes. [more inside]
posted by daHIFI
on Feb 27, 2006 -