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April 14, 2025
Question

Hi, I am a online Travel company. I purchase tickets from airlines and other agencies and then sell those tickets to customers. Where can I put those ticket expenses?

  • April 14, 2025
  • 1 reply
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    1 reply

    April 14, 2025

    Ticket purchases are categorized as Purchases. 

     

    They will flow to Cost of Goods Sold on your Schedule C.

     

     

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    April 14, 2025

    Does that need to be put under Inventory under Expenses Category?

    April 14, 2025

    Yes.

     

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