To claim a nonbusiness bad debt, you report it as a short-term capital loss subject to the capital loss limitations on a federal form 8949 (downloads as a pdf) in the year the debt becomes worthless.
Of course things are not yet as bad as Zittrain seems to claim, and though I don't often agree with noted free market advocate and libertarian Adam Thierer, his critical review on the Progress and Freedom Foundation blog is well-argued and often insightful.
The claim is that however bad things may seem, they'd be worse if someone else were in charge - and they hadn't got tough on government borrowing.
Others argue that the tear gas, at the very least, set the stage for an inadvertent inferno--a claim long since dismissed as bad science by an independent investigation.
AstraZeneca continues to believe that based on other comparative data it will be able to claim that Crestor is better at lowering bad cholesterol than all other statins.
If an airline can claim that a delay was caused by bad weather or air-traffic congestion, then it is not required to provide free lodging or other compensation to passengers.
The Center and others have been critical of the FBI leadership for bad judgment by lending political legitimacy to groups that claim to oppose terrorism, but whose leaders speak out in support of US-designated terrorist groups abroad, and who work here at home to undermine anti-terrorism laws.
CENTERFORSECURITYPOLICY: CAIR says FBI joined its $400,000 fundraiser
Similarly, if you claim special deductions and credits, you may need to keep your records a little longer than normal (for example, if you file a claim for a loss from worthless securities or bad debt deduction, you should keep those records for 7 years).
For example, Trump's claim that the "the Mexican government forces many bad people into our country" has been deemed "pants on fire" for being completely without a factual basis.
Mr Cameron told GMTV that Mr Wiggin's claim for a non-existent mortgage was "a bad mistake but it looks like it's an honest mistake and he was not claiming money that he wasn't entitled to".
Too bad the campaign is in his own mind, and redemption is not his to claim.
Bank bosses claim such diversification has another advantage: good years in one business offset bad years in another.
Hendry was showing a few signs of end-of-match nerves and a couple of bad misses let Ding in again who cut in a marvellous black before clearing to claim a fully-deserved frame to make it 11-9.
BBC: SPORT | Other sport... | Snooker | High-flying Hendry sees off Ding
The harsh brutality in the show, bad things happening to innocent bystanders because of Walt, may come full circle and claim some or all of his family, which would be more torturous for Walt than simply getting killed or caught.
FORBES: Breaking Bad 'Gliding Over All' Season Finale Review - Many Deaths I'll Sing
On the same day that Encysive got its bad news, Cubist Pharmaceuticals announced a two-month delay on a key new marketing claim for its antibiotic.
For any American president hoping to claim victory in the war on terror, such an analysis brings both good news and bad.
ECONOMIST: Chasing al-Qaeda: Plots, alarms and arrests | The
And for those who claim now that lending disappeared in the fall of '08, surely it did for bad credit risks and otherwise insolvent institutions, but according to the same study, as of Oct. 8, 2008, there was no evidence of a decline in business and consumer loans.
Yet they provide a grim commentary on the paltry results of the efforts that Japanese banks claim to have made over the past few years to rebuild their capital and write off their substantial bad debts.
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