Retail store display

Forum|Forum|4 years ago
March 30, 2022
3 replies
24 views

My wife builds dog leashes and collars out of waterproof/stinkproof material and sells them (among other places) at a local retail shop in our town.

I built a display for her that she took to the store to hang her leashes and collars on.

Where do I capture the cost of the materials I used for that display in TurboTax for her business?

TurboTax Home & Biz Windows

ColeenD3

Alumni - Intuit

Treat the amount either as an asset or supplies, depending on its useful life and cost. If it cost some money, depreciate it over 7 years or take a Section 179 for the cost. If the amount was not significant, take it as a supply.

rkb123Author

Level 2

The total I spent was $63, assume I take it as a supply then?

DawnC

Employee Tax Expert

Yes, supply expense is appropriate.

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Retail store display

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