How to deduct print on demand cost of goods sold expense when no inventory. When someone places order I pay print on demand company, they make and send item to buyer.
How to deduct print on demand cost of goods sold expense when no inventory. When someone places order I pay print on demand company, they make and send item to buyer.
First, when you get to the "Tell us about your business section" don't click the button that says 'My business carries an inventory'. Click 'My business buys and immediately resells goods'. Then leave any inventory numbers blank and it will ask about your 'Cost of Goods'. Enter the total print on demand costs as 'Cost of Purchases'. That will cover you.