leric9027
New Member

How do I amend my 2016 return to report a "business loss?"

I started selling inventory on Amazon last Fall. Bought inventory from a supplier in China via Alibaba and added my own logo to it and shipped it to AMZ for sale.

I liquidated my inventory because it wasn't profitable and ended up with more expenses than revenue.

How do I amend my 2016 return to show this loss? I did not incorporate as a legal business entity (LLC, partnership, s-corp, etc...).