On Form 1040 Schedule C if you are a small seller I understand it is okay to use the cost method and not the accrual method for figuring out COG. So if that is true you would need to fill out Line 36 Purchases and Line 42 Cost of Goods Sold. That would be it for Part III. ...
1040 Form Schedule C Question On Inventory ebooksdiva Rockstar (6424 ) View listings 02-24-2025 05:54 PM I use a CPA . You may want to consult a tax professional to get the best advice. Message 2 of 5 latest reply 1 Helpful Reply 1040 Form Schedule C Question On ...
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Re: 1040 Form Schedule C Question On Inventory ebooksdiva Rockstar (6411 ) View listings 02-24-2025 05:54 PM I use a CPA . You may want to consult a tax professional to get the best advice. Message 2 of 5 latest reply 1 Helpful Reply Re: 1040 Form Schedule C Question...
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