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I have filed extension for my taxes as my category of expenses where not quite ready. I have the following in the expense category
(Can someone tell me exactly if this is correct.. instead of opinion.. If you have filed the tax many times before I would greatly appreciate it)
blanktshirts i put it under "(purchases cost of goods)"
screenprint ink and thermoflex vinyl i put it under "(supplies:business cost of goods)"
I'm using quicken 2014 enter and categorize all this...
i attached image also of turbotax section where im wondering what to fill in and think that "cost of purchases will be the blanktshirts expense" and the screenprint and thermoflex material will be in the other costs to prepare for sales section"
(Can someone tell me exactly if this is correct.. instead of opinion.. If you have filed the tax many times before I would greatly appreciate it)
blanktshirts i put it under "(purchases cost of goods)"
screenprint ink and thermoflex vinyl i put it under "(supplies:business cost of goods)"
I'm using quicken 2014 enter and categorize all this...
i attached image also of turbotax section where im wondering what to fill in and think that "cost of purchases will be the blanktshirts expense" and the screenprint and thermoflex material will be in the other costs to prepare for sales section"
