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Business & farm
Thank you for your reply Tagteam,
Yes, Cost of goods sold is zero. I just do not understand why soon as I entered my end of year inventory turbo tax deducted from my federal refund balance as if that inventory amount was profit.
I'll just skip filing the Schedule C this year. I thought I would have to since I still have inventory.
‎January 30, 2023
4:36 PM
1,068 Views