Is cost of goods all the items I purchased from the company( Paparazzi Accessories- resale jewlery) during the whole year?

 
Coleen3
Intuit Alumni

Get your taxes done using TurboTax

Yes. If you purchased something for resale, that would be your COGS. If you took any items out for personal use, you will need to subtract that amount.

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Would this cost include taxes paid on items?
Coleen3
Intuit Alumni

Get your taxes done using TurboTax

Yes.