Tax basis taxpayer allowed to claim deduction for bad debt

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Under what circumstances, if any, is a tax basis taxpayer allowed to claim a deduction for a bad debt? An accrual basis tax payer? Please provide examples or support with your response.

Reference no: EM131352580

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Tax basis taxpayer allowed to claim deduction for bad debt : Under what circumstances, if any, is a tax basis taxpayer allowed to claim a deduction for a bad debt? An accrual basis tax payer? Please provide examples or support with your response.

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