Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
A
alphacollins
April 10, 2025
Question

Where do I enter the cost of goods sold on ebay?

  • April 10, 2025
  • 1 reply
  • 0 views
Reseller expenses do not include cost of goods sold on ebay?

    1 reply

    T
    ThomasM125
    April 10, 2025

    You need to indicate you have inventory to enter cost of goods sold. First you will be asked to enter your beginning and ending inventory, then you will be asked to enter the cost of purchases, materials and supplies and other costs to prepare for sales. The beginning inventory plus the costs less the ending inventory will be your cost of good sold. You can enter cost of goods sold if you don't keep inventory by just enter $0 for it.

     

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsCookie settingsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification