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Nowadays it is possible to report lossess also from peer lending In the country I live. What is the correct value to report in tax form? Principal Loss?
Jantu9
Principal loss does not consider received interest and late payment penalties, Loss from sold loans value does consider them. In total you have made a profit in Omaraha and you need to ask your local tax agency if and what can you report as a loss.
vlk494
 
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