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A deduction for a business bad debt is allowed only to the extent that income related to the debt was previously included in taxable income. a. True b. False

A deduction for a business bad debt is allowed only to the extent that income related to the debt was previously included in taxable income. a. True b. False
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A deduction for a business bad debt is allowed only to the extent that income related to the debt was previously included in taxable income.

a. True
b. False

User Thunfische
by
8.1k points

1 Answer

3 votes
B. Answer is false. lololol

User Gwilym
by
7.9k points
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