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I do not stock my business materials, I buy flooring for each contract separately. How to report donation of inventory leftovers?
I use Material and Supply expenses, not inventory, for my independent contractor business. This year for the first time, I started to donate leftover materials instead of trying to re-use or dispose of them. I have receipts few thousand dollars worth for these donations. Cannot find logical place for this item in business related topics.
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‎June 5, 2019
11:28 AM