Yes. Your beginning inventory on the 2024 return should match the ending inventory on the 2023 return. The ending 2024 inventory should be zero. Then on all future returns, use zero for the beginning and ending inventory amounts. All of your purchases will be expensed immediately instead of flowing through the inventory account. See Do I need to report inventory?
You only need an explanation if this year's beginning inventory does not match last year's ending inventory.
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