Hello,
I am currently filing my schedule C and I need help with figuring out where to enter my cost of the goods I sold.
Because my business model on ebay was dropshipping, I held no inventory. I only purchased the products (from an online retailer like walmart.com) after I sold the items. I never had the items in my possession because I had the retailer deliver them straight to the customer.
Would I enter this amount in the other business expenses section (since I don't believe I was required to hold an inventory)?
Thanks in advance
