I resell merchandise. In 2018, I filed schedule C, cash accounting method but did not enter EOY inventory. TurboTax stated that reporting inventory is not necessary if you have less than a million in sales or receipts, which I do not have. Was I correct in omitting EOY inventory or do I need to amend the return to include the inventory? For 2019, do I not exclude the EOY and BOY as well? Thank you
