On my 2019 Schedule C I reported some sales income but no net profit, with year end inventory of $5,536. For 2020 I made no sales and reported no Schedule C income, but TT nevertheless generated a Schedule C that carries over the 2019 $5,536 COG as a loss of gross income (on lines 4 and 7). I’m hoping it’s correct; can one of you experts reassure me?
