Turbotax will not allow me to enter zero for cost of goods/inventory. If I choose no, it disregards that entry and puts in a number. Not even sure how it's calculating that number. Last year I showed no inventory/cost of goods. How do I change this?
posted
April 7, 20218:36 PM
last updated
April 07, 20218:36 PM
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Indicate that you do not have inventory to report (see screenshot).
You cannot enter zero for cost of goods sold since it is calculated by the program (basically it is beginning inventory plus purchases less ending inventory).
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