I sold my business this year. I started it from scratch 10 years ago. How do I calculate the cost basis?

[Hal_Al · Accepted solution]

From your own records. Your cost basis is all the money you put into the business, less the amounts you previously deducted on schedule C, over those 10 years.

[annemarie]

I have used QB for the last 10 years for that business. Is there a report/line that would show me that number? Thank you.

[SSoumya]

Thank you for reaching out to us @annemarie. Please contact QuickBooks support or take a look at the QuickBooks tutorial page:
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