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A comment on 'It's crazy': Chase forgiving all debt owed by its Canada credit card customers. Parent comment

Re:'It's crazy': Chase forgiving all debt owed by its Canada... by paxys on Friday August 09, 2019 @12:51PM (#20656089)
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).
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Re:'It's crazy': Chase forgiving all debt owed by its Canada... by kgwgk on Friday August 09, 2019 @02:30PM (#20657095)
Because they are losses.
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