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shell51
New Member

Can I report the loss of products from my vending machine business that have gone bad/expired?

 
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1 Reply
AnnetteB6
Expert Alumni

Can I report the loss of products from my vending machine business that have gone bad/expired?

No, you would not claim that as a loss or a separate business expense. 

 

Instead, you will simply have less income because the products did not sell.  You will still be claiming the expense from purchasing the products.

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