I cannot thank you enough for taking the time to explain this. Both are short term, I'm not sure if we will end up getting 1099's yet or not by tax time but now I know what to do with each situation.
In part B of your answer you stated:
one way to split the cost is sales price for one divided by sales price for both times the cost
ie 110/230*200
and 120/230*200
I was still a bit confused on the math part of that answer. Can you please explain it in a way I can more easily understand? I'm sorry
