...Non-business debts. In the case of a taxpayer, other than a corporation, if a non-business debt becomes worthless within the taxable year, the loss resulting...of a capital asset held for not more than 6 months. The term "non-business debt" means a debt other than a debt evidenced by a security as defined in paragraph...

...(а) я debt evidenced by a corporate security with interest coupons or in registered form and ( 6 ) a debt the loss from the worthlessness of which is...not more than 6 months. Enter such loss in column 10 of schedule of shortterm capital gains and losses on other side. Classification of capital gain«...

...security with interest coupons or in registered1 form and (6) a debt the loss from the worthles&ness of which Is incurred in the trade or business, becomes...the loss resulting therefrom shall be considered a losa from the sale or exchange, daring the taxable year, of a capital asset held for not more than...

...nonbuslness debt becomes totally worthless within the taxable year, the loss resulting therefrom IB considered a loss from the sale or exchange, during...taxable year, of a capital asset held for not more than в months. Beginning 1944, at the election of the taxpayer, the cutting of timber (for sale or use...

...with interest coupons or in registered form and (b) a debt the loan from the worthlc*»nesa of winch U incurred in the trade or business, becomes totally...the loss .resulting therefrom shall be considered a IOM from the sate or exchange, during the taxable year, of a capital asset held for not more than в...

...subsections (a) and (c) shall not apply to any nonbusiness debt; and (B) where any nonbusiness debt becomes worthless within the taxable year, the loss resulting...of a capital asset held for not more than 6 months. [See main edition for text of (2); (e)l if) Cross references (1) For disallowance of deduction for...

...are allowable as an ordinary loss, this proposes to treat a nonbusiness bad debt as a loss resulting from the sale or exchange during the taxable year of a capital asset held for not more than 15 months. In other words, makes then short-term losses. Instead of being deductible in full they are...

...are allowable as an ordinary loss, this proposes to treat a nonbusiness bad debt as a loss resulting from the sale or exchange during the taxable year of a capital asset held for not more than 15 months. In other words, makes them short-term losses. Instead of being deductible in full they are...

...interest coupons or in registered form. (4) NON-BUSINESS DEBTS. — * * * if a non-business debt becomes worthless within the taxable year, the loss resulting...of a capital asset held for not more than 6 months. The term "non-business debt" means a debt other than a debt evidenced by a security as denned in paragraph...

...Non-business debts. — In the case of a taxpayer, other than a corporation, if a nonbusiness debt becomes worthless within the taxable year, the loss resulting...of a capital asset held for not more than 6 months. The term "nonbusiness debt" means a debt other than a debt evidenced by a security as defined in paragraph...