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June 5, 2019
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Should I enter amounts I pay for display racks (I sell my products at street fairs) on Schedule C, line 39 or line 48?

  • June 5, 2019
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Tables and racks that are used only to display products for sale at street fairs: {Line 39 - Other costs: those costs incurred to prepare products for sale} or {Line 48 - Other business expenses}?  

    Best answer by DawnC0

    Use Line 48, Other expenses, Part V of Schedule C.  Line 39 is for Cost of Good Sold, which is for direct inventory costs.  

    1 reply

    DawnC0
    DawnC0Answer
    Employee
    June 5, 2019

    Use Line 48, Other expenses, Part V of Schedule C.  Line 39 is for Cost of Good Sold, which is for direct inventory costs.