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Business & farm
As PatriciaV mentioned, if the after entering your beginning and ending inventories, your purchases, the calculation of your Cost of Good Sold is 0, then it'll show 0 on your Schedule C.
Go through your entries to make sure that everything is correct. Go to your Schedule C, go through your inventory entries. Make sure you enter your beginning and ending inventories, the cost of your purchases. Once you enter everything, a page with your Cost of Good Sold will come up so you can review your numbers. See the images below for your reference:
Once you get to your Schedule C, the only entry that will show is the Cost of goods sold. The calculations show in the second page.
‎February 19, 2025
8:38 AM
623 Views