I am unsure of the appropriate option to show all my material deductions, mud, drywall, tape, etc. Where do indicate this expense while filing for my LLC?

[loudubbs75]

There is no place to indicate the large material expense.

[AmyC]

It depends. Mud, drywall, tape sounds like these are either:

• supplies for your business where you install sheetrock or
• building/ renovating expenses while building or renovating a property

If this is what you do for a living, then these are supplies. The reimbursement by your customers in included in income.

If your business is buying and renovating, then all of the expenses go into a big renovation bucket waiting for the work to be done on that property. Separate all expenses by property.