JamesG1,
Thank you!!! I was able to do the entry into Turbotax Home and Business Desktop exactly as you wrote it! Thank you for the step by step exact procedure to take. I have only one question. On eBay's 1099K they include the cost of shipping collected from the buyer and then the net I receive is the sale price minus the shipping cost and eBay's fees. Do I increase the COGS for each sale by the cost of shipping and eBay's fees, or do I just use the purchase cost of the item sold?
Thank you!!!
PeggyH3
