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January 31, 2022
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How do I fill out my inventory on my self employed taxes

  • January 31, 2022
  • 1 reply
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How so I fill out my inventory on my self employed taxes
Best answer by AliciaP1

To enter inventory costs and balances into TurboTax Online Self-Employed please follow these steps:

 

  1. Within your tax return, go to your self-employed income or use the magnifying glass to search for Schedule C and click Jump to schedule c.
  2. On the Your 2021 self-employed work summary page click Review.
  3. Scroll down to Inventory and click Start.
  4. Answer the remaining questions regarding beginning/ending balances and current-year expenditures.

1 reply

AliciaP1
AliciaP1Answer
January 31, 2022

To enter inventory costs and balances into TurboTax Online Self-Employed please follow these steps:

 

  1. Within your tax return, go to your self-employed income or use the magnifying glass to search for Schedule C and click Jump to schedule c.
  2. On the Your 2021 self-employed work summary page click Review.
  3. Scroll down to Inventory and click Start.
  4. Answer the remaining questions regarding beginning/ending balances and current-year expenditures.
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