On Schedule C, where do I enter shipping and postage costs for goods sold online? Part II Expenses? Part III Cost of Goods?

[Anonymous_ · Accepted solution]

Inbound shipping costs (freight) are typically listed in the Cost of Goods Sold section.

Outbound shipping costs (i.e., cost to ship goods to customers) are typically deducted as expenses.

[Workpuddle]

Expenses .... like WHICH LINE??

[Anonymous_]

Line 48 (Part V) on Schedule C (Other expenses) which winds up on Line 27a.

[DawnC]

If you keep inventory, some shipping is part of Cost of Goods Sold.   If not, you can enter it in miscellaneous (line 48) or supplies expense (line 22).     @Workpuddle 

[Anonymous_]

I would expense outbound costs.