For tax purposes, you have to distinguish between business bad debts and nonbusiness bad debts.

FORBES: Taxes From A To Z (2013): B Is For Bad Debt Expense

But nonbusiness consumers, take heart: Cheaper, book-focused e-readers are also likely to be revamped soon.

FORBES: Breakthroughs

But in any case companies will probably continue to look at nonbusiness students to ensure a diverse pool.

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When doing the calculation, you must exclude most nonbusiness deductions (with a few exceptions, like casualty and loss expenses).

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Similarly, if you entertain business and nonbusiness individuals at the same holiday party, you must divide your entertainment expenses between the two.

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The default setting on the software treats individual debtors as nonbusiness bankrupts.

FORBES

A. classes, which will meet at the University of Washington in Seattle, are open to international students and those with nonbusiness backgrounds.

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All other bad debts are nonbusiness bad debts.

FORBES: Taxes From A To Z (2013): B Is For Bad Debt Expense

If you make a personal nonbusiness loan and you are unable to collect the amount, you may be able to claim a deduction for the amount for the year that the debt becomes completely worthless.

FORBES: Overlooked Tax Deductions

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.

FORBES: Taxes From A To Z (2013): B Is For Bad Debt Expense