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Business & farm
In TurboTax Home & Business, Windows version, enter your beginning inventory using these steps:
- Click the Business tab
- Click Business Income and Expenses at the top
- Click I'll choose what I work on
- The screen "Let's gather your business info" appears.
- Click Start or Update next to Profit or Loss from Business
- Click Edit next to the name of your business
- Click Start or Update next to Inventory and Cost of Goods Sold
- Click Yes for Do you have inventory to report?
- Click Yes for Cost method or check the box for another valuation method
- The next screen is where you enter your inventory. See screenshot below:
I will test the Mac version next.
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‎April 13, 2025
12:31 PM