Skip to main content
Skip table of contents

Item 40 - Purchases and other costs (partnership return)

Label B—Purchases and other costs

At label B, show the cost of direct materials used for manufacture, sale or exchange in deriving the gross proceeds or earnings of the business.

The amount at label B must reflect an amount calculated for tax purposes.

We've provided a generic schedule at this item for dissection and record keeping purposes.

JavaScript errors detected

Please note, these errors can depend on your browser setup.

If this problem persists, please contact our support.