turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

barbqw11
New Member

Im trying to determine where i Put how much my inventory cost and how much i sold it for

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
DDollar
Expert Alumni

Im trying to determine where i Put how much my inventory cost and how much i sold it for

There is a section for Inventory in your Business section of the program.  To Enter, while logged in to your account:

  • Click on Federal
  • Click on Income & Expenses
  • Select "Self-employment income and expenses" and click on "Edit/Add" or "Review"
  • Select your Business
  • Click on "Add Expenses for this Work"
  • Scroll down to "Inventory" and mark the radio button and hit "Enter"
  •  Indicate you have Inventory to report and continue to enter your inventory information.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies