DMarkM1
Expert Alumni

Deductions & credits

Sounds like you have a clothing sales business.  You will enter that in the "Self-employment" topic under the "Income" tab.  You will be asked about your business and then have the opportunity to enter income and then expenses.  

 

At the bottom of the expenses list you will need to:

  1. Click the "Less Common Expenses" tab to expand the list.  There you will find a category "Inventory."  
  2. Select that item
  3. Continue
  4. "Start" the "Inventory" topic. 
  5. You can enter your cost for the clothes

 

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