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J
judyghodgin
February 10, 2025
Question

Where do I deduct the cost of the goods I sold?

  • February 10, 2025
  • 1 reply
  • 0 views
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    1 reply

    V
    Vanessa A
    February 10, 2025

    If you are a sole proprietor or single member LLC, then you will enter your COGS on your Schedule C in the Expense section.  You will find this as you walk through the steps AFTER you enter your Self-employed income.

     

    Where do I enter my self-employment business expenses, like home office, vehicle mileage, and supplies?

     

    If you are using TurboTax Business to file a 1065 or 1120s, this will also be in the expense section as you walk through TurboTax. 

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