stevelydang
Returning Member

How to deduct my inventory losses from an out-of-business in mid 2017?

I closed out a wholesale distribution business in mid 2017.  I filed 2017 Tax Return last year and didn't know if there was a form to inform that I have closed my business.  

How do deduct my inventory losses in 2018 Tax Return? 

 

Any tips or help is highly appreciated.