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Get and Sign Schedule C Profit and Loss Form 2020
Inventory. Fill in the appropriate oval:
(1)
Cost (2)
Lower of cost or market
(3)
Other (if other, attach explanation)
OFFICIAL USE ONLY
F. Accounting method. Fill in the appropriate oval:
(1)
Cash (2)
Accrual (3)
Other (specify)
t
t
C
Sales Tax License Number (if applicable)
. . . . . . . . . . . . . . . . . . . . Yes No
Federal NAICS Code
G. Was there any change in determining quantities, costs, or valuations . . . . . . . . . . . . . . . . .
between opening and closing inventory? If...
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