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How do I fill out my inventory on my self employed taxes

How so I fill out my inventory on my self employed taxes
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Accepted Solutions
AliciaP1
Expert Alumni

How do I fill out my inventory on my self employed taxes

To enter inventory costs and balances into TurboTax Online Self-Employed please follow these steps:

 

  1. Within your tax return, go to your self-employed income or use the magnifying glass to search for Schedule C and click Jump to schedule c.
  2. On the Your 2021 self-employed work summary page click Review.
  3. Scroll down to Inventory and click Start.
  4. Answer the remaining questions regarding beginning/ending balances and current-year expenditures.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
AliciaP1
Expert Alumni

How do I fill out my inventory on my self employed taxes

To enter inventory costs and balances into TurboTax Online Self-Employed please follow these steps:

 

  1. Within your tax return, go to your self-employed income or use the magnifying glass to search for Schedule C and click Jump to schedule c.
  2. On the Your 2021 self-employed work summary page click Review.
  3. Scroll down to Inventory and click Start.
  4. Answer the remaining questions regarding beginning/ending balances and current-year expenditures.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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