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April 6, 2025
Question

On the schedule C form 1040 On the income section say cost of good sold from section 42 on the same form

  • April 6, 2025
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    April 6, 2025

    This is because the COGS for a business is calculated in Part III of the Schedule C.  The result of these is entered on line 4 of the Schedule C.  See the images below for your reference.