Can you be sued as an authorized user by primary card holder after he has written off credit card charges as business expense on his tax return?

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1021160

2026-05-12 13:05

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Yes. It could be written off as business expenses before the debt was collected and adjusted on tax forms afterwards. It really depends on if it was reported as a loss or an expenditure attributed to business dealings. A prudent person would probably leave it as a business expense write off, to avoid the possibility of haggling with the IRS.

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