Legal Question in Tax Law in California

I am looking to

go back 7 years amend my return

and take a deduction.

I sued an atty and got a 100,000 judgement

for malpractice because he caused me

a loss and the judgement is uncollectable.

Can I go back 7 years and amend my return

(I had high income that year)

under the bad debt rule

that let's me go back 7 years

and amend my return.

Any other way to write it off

in that year.

Can you help me do this if it is possible

Thanks ,

Walter Boes


Asked on 12/21/12, 7:41 am

1 Answer from Attorneys
Robert Kubler The Kubler Law Firm

Why is the judgment uncollectible? Was it discharged in bankruptcy 7 years ago? There needs to be some event that makes it uncollectible under the bad debt rule, just failing to pay is not enough....

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Answered on 1/10/13, 3:13 pm


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