Chapter 6. How To Figure Cost of Goods Sold

Information about Form 3115, Application for Change in Accounting Method, including recent updates, related forms and instructions on how to file.

Information about Publication 526, Charitable Contributions, including recent updates. Publication 526 explains how to claim a deduction for charitable contributions.

Information about Schedule C (Form 1040 or 1040-SR), Profit or Loss from Business (Sole Proprietorship), including recent updates, related forms, and instructions on how to file. Schedule C (Form 1040 or 1040-SR) is used to report income or loss from a business operated or a profession practiced as a sole proprietor.