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Ocus primarily on internal revenue code for your research

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You loaned your roommate $4,500 for next semester's tuition. Your roommate promised to pay you back next summer from his summer employment. However, next summer, you realized that your roommate never found a job but vacationed all summer in Europe. He e-mails you and informs you of his inability to pay off his debt. Can you claim any tax deduction? Focus primarily on the Internal Revenue Code for your research.

Reference no: EM132379849

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Ocus primarily on internal revenue code for your research : You loaned your roommate $4,500 for next semester's tuition. Your roommate promised to pay you back next summer from his summer employment.
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