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Click ‘Get Form’ to open the mary kay tax worksheet 2021 in the editor.
Begin by entering your total sales figures in Section A. Include grand totals of sale slips, excluding sales tax and discounts. Make sure to account for returns and allowances accurately.
In Section B, input your cost of goods sold. Start with your wholesale inventory at the beginning of the year, followed by product purchases made during the year, subtracting any personal use products.
Proceed to Section C for expenses. Fill in details such as advertising costs, automobile expenses (including mileage), subscriptions, travel expenses, and office supplies. Ensure you keep track of business miles driven for accurate deductions.
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