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- Fri Jul 12, 2013 1:22 am
- Forum: Canada / United States Tax & Accounting
- Topic: bad business debt for US personal 1040, self-employed
- Replies: 0
- Views: 1626
bad business debt for US personal 1040, self-employed
I am a US and Canadian citizen living in Texas. I co-founded a company in Canada a few years ago. In 2010, I made a loan to that company. It was an actual cash transfer to the company from my personal funds. The loan is a fully documented contract that states that the principal will be payable in fu...