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How to categorize cost of goods sold when there is no inventory
Ex. My client decides they want to order prints of some photos I took for them. They purchase prints through me, and I order the prints from a third party printer that costs X dollars. I consider that X dollars COGS, but those prints are never kept as inventory. How do I categorize this expense for tax purposes?
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‎June 5, 2019
3:20 PM