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do you want to know how to claim business losses on your tax return then stick till the end of this video [Music] welcome back folks to another edition of the awesome sweetie kiwi show how you doing today i hope you are doing fantastic im doing marvelous if you already asked me if you are doing as terrific as i am go grab a cup of coffee or tea or vodka and lets roll today i want to talk to you about how to claim business losses on your tax return this is an important question because if you have a business loss in a specific year can you write it all off if no can you deduct a partial loss and what happens to the remain to the remaining balance does the internal revenue service allow the deduction of all types of business losses so im answering these questions and others in in the video keep in mind though folks that writing off your business loss depends on whether you have other income the legal type of business you own and whether your your investment in the business is at risk