Can a $1200 propane prebuy be deducted since company filed bankruptcy? If so where do I put it?

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No, if this is a personal expense, then you cannot claim it as a loss. If this wasn't an investment, it was simply pre buying propane to use personally, then it is not deductible.

If this was for a business, then it you can claim it as a bad debt expenses. You will find this in the Business Expense section under Other Common Business Expenses.

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