- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@TJR2023 wrote:
do i evenly split the shipping cost to each item or does it matter?
If you maintain an inventory, it does not matter. You simply add the shipping costs to the cost of your purchases.
If you do not maintain an inventory, but rather report each item sold as an individual expense (e.g., other expenses), then you need to allocate a portion of the total shipping costs to each item.
‎January 25, 2023
7:30 PM