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Inventory Reporting on Schedule C

I am trying to enter the the cost of my Inventory on Turbo Tax Schedule C on TurboTax. I enter the COG (see first photo) then I go to the next screen and it doesn't show that I entered any inventory? What's happening?

 

 

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1 Best answer

Accepted Solutions

Inventory Reporting on Schedule C

First, enter your beginning and ending inventory and add any purchases you made during the tax year.

 

The COGS figure is calculated; you do not enter it.

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2 Replies

Inventory Reporting on Schedule C

First, enter your beginning and ending inventory and add any purchases you made during the tax year.

 

The COGS figure is calculated; you do not enter it.

Inventory Reporting on Schedule C

Thank you.

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