- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
I was under the impression that the rules for a sole proprietor to write off inventory was not as simple as just reporting a lower inventory for cost of goods sold. I was under the impression that a sole proprietor would not be able to take that loss on the schedule C. Does anyone have any advice?
May 31, 2020
5:22 PM