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Retirement tax questions
Whoa. Wait a minute. I suppose the 7020 does represent the cost of what I sold. But then what is Cost of Purchases? I keep track of what it costs to produce each book (design, printing, etc), then I multiply that by the number of books I sell, then I entered that under Cost of Purchases. So, it seems I have been entering the cost for those sold books twice. So confused.
‎June 4, 2019
4:26 PM