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February 6, 2023
Question

Can do I claim the groceries i brought for my business individually or one lump the amount together?

  • February 6, 2023
  • 1 reply
  • 0 views
I have a home baking business, how do i claim my groceries that I brought?

1 reply

JohnB5677
February 6, 2023

If you have a Baking Business, you should be posting a Schedule C (Self-Employment).  When you're saying groceries, do you mean the products required for your baking?  If that's correct it would go under Cost of Goods Sold and would be deducted from your business income.

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