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First year doing biz taxes Cost of goods sold & inventory
So I have a question I doing my first year taxes for my Millinery business I have supply inventory left over as well a products that have not sold. I also use quicken so all my expenses downloaded while using that feature. My question is what is the difference between that download for expenses and doing Cost of goods and inventory I am confused as to if I should be listing my remain inventory value even though it downloaded under expenses when I bought the items?
‎February 2, 2019
3:37 PM