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Level 1
June 3, 2019
Question

I purchase vintage items and re-sell them. Do I file these items as Materials & Supplies or something else? If something else, then what?

  • June 3, 2019
  • 1 reply
  • 10 views
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1 reply

Level 15
June 3, 2019

I would treat them as "Inventory", and they will be reported as "cost of goods sold" on Schedule C.

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