Deductions & credits

Thank you for your reply. I just have one more question if you could help me clarify.

Would I include those items under "cost of purchases" for 2024 even if they did not actually sell in 2024?   


Basically, should I add them in "cost of purchases"in the year that they were actually sold, or the year that I decided to move them from personal item to business merchandise?

 

Thank you!

 

@PatriciaV