About sept031989

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Re: How to revert back to original return data after starting amendi...

So the miscellaneous expense would be $50k after adjusting the BOY and EOY inventory?

sept031989

1

Updated Apr 23, 2025
Re: How to revert back to original return data after starting amendi...

If I choose to do this on my amended 2024 return, would the same logic apply? If say my inventory total for that year as an eBay seller was $50,000 and my begin...

sept031989

3

Updated Apr 23, 2025
Re: How to revert back to original return data after starting amendi...

Also, what would I write as the “reason” for this? And where it asks for beginning of year and end of year inventory costs, I leave both blank and just enter my...

sept031989

5

Updated Apr 23, 2025
Re: How to revert back to original return data after starting amendi...

I have to amend 2024 already because a 1099 was mailed to the incorrect address. Should I do what you’re saying on the amend or wait until 2025? Is there someon...

sept031989

1

Updated Apr 23, 2025
Re: How to revert back to original return data after starting amendi...

It’s for an eBay store and I accidentally used the cost? method that requires the same inventory BOY and EOY and that’s not correct because our inventory always...

sept031989

9

Updated Apr 23, 2025

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Date Registered	‎January 16, 2020 3:25 PM
Date Last Visited	‎April 29, 2025 6:07 PM
Total Messages Posted	15

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