Could anybody please help me to understand how to report the “cost of goods” on the CSS profile? We are a small business that file a form 1040 - Schedule C - profit or loss from business. I could not add the cost of goods nowhere, only the gross receipts for the business and the total expenses. The values were put as instructed by the CSS, but we have almost 40% as “cost of goods”, and if it is not considered, it looks like we make a huge profit, that is completely unreal. What am I doing wrong? Please help!