SueK1
Returning Member

Business & farm

I have a similar problem...same year. I think I did something wrong on my 2016 when it came to reporting inventory. I do not want to carry inventory. Somehow,in answering the questions regarding inventory and cost of goods, I ended up with an inventory figure at the end. Which us transferring to my 2017. 

I had a CPA look at it and say it looked correct. I just cant get the $22, 000 woth of inventory back to 0. CpA says it looks correct on the tax form.