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  • Re: When I report income from product sales, do I subtract the wholesale cost of the items or is there another area I will enter my expense for the items I resold?
Bsch4477
Level 15 Bsch4477
Level 15
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Get your taxes done using TurboTax

When you sell the product report the sale as income and deduct what you paid for it as an expense—“supplies “.

‎August 12, 2023 3:13 PM
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