turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

aheadley
Returning Member

Cost of goods sold

Beginning inventory 22,273

ending inventory 34,562

 

purchases 15,785

labor 940

materials and supplies (screen printing) 9,456

other costs (packaging) 134

 

No matter how I work these numbers, I can't come up with the $4,043  that Turbo Tax says is my COGS.  Can someone show me the proper equation?

 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Cost of goods sold

You're either missing something critical or you're not looking at the relevant line.

 

Untitled.png

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies