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@DianeW777 

Thank you Diane,

 

So, if BOY/EOY inventory reporting is not required for me on Form 1125-A, would I report UNSOLD inventory assets for this tax year on Line 27 (Supplies)  on the "Other Deductions Worksheet" for form 1120S?  Basically deducting my UNSOLD inventory as an expense?

 

Thank you.