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Tax write-offs are profits that were never made in the first place. It's not some sort of a tax credit. The reason you pay less taxes is because you didn't make a (or made less) profit.


You are talking about losses. Unpaid debts/invoices is its own category, and can definitely be deducted (see https://www.irs.gov/publications/p535#idm140359415938416).


Because they are losses.




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