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If I had inventory for a small business from last year, am I required to continue reporting inventory this year with the new tax changes?
mlb230282
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If I had inventory for a small business from last year, am I required to continue reporting inventory this year with the new tax changes?
Topics:
TurboTax Self Employed Online
June 1, 2019
10:07 AM
MinhT
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Business & farm
Yes, as the new tax laws have not changed anything about reporting inventory and cost of goods sold.
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June 1, 2019
10:07 AM
