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New Member
posted Jun 6, 2019 1:04:10 AM

I have a venting machine. For my additional income line, do I just put the total sales of that machine, or the total sales minus the purchased goods?

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1 Replies
Level 15
Jun 6, 2019 1:04:12 AM

ALL business income is reported as such. Every single penny of it. You'll deal with what you paid for the products/inventory you sold, in the Cost Of Goods Sold (COGS) section, when you get to it.