tax question

[KeyKat88 at aol.com]

In a message dated 2/27/2007 9:34:56 PM Eastern Standard Time, 
anrebe at sbcglobal.net writes:
Ed
On schedule C you have a line for supplies, those 
kinds of items you don't individually sell to 
customers.  This is deducted from you gross 
income at 100%.  Now if you are selling specific 
items you do that COGS in a different area.  Your 
supplies fee is income, your supplies expense offsets it.

Your Advice May Vary ( I don't claim to be an 
certified expert, but it does seem to fit the instructions)
Andrew
Greetings,

      Yes. I totally agree. After spending hours reading the instruction 
booklets, this way looks to be appropriate and what they are asking for. Its how 
I;ve been doing it.

Julia 
Reading, PA
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