Where do I put my inventory purchases for my business I started in 2016?

[MichaelDC]

Inventory purchases are in a section of Schedule C called "Cost of Goods Sold".

Please follow the instructions below to enter cost of goods sold:

1.       Log in to TurboTax.

2.       On the left side of your screen, click the "Business" tab.

3.       Click the "Business Income & Expenses" sub-tab that appears below the "Business" tab.

4.       Click the blue "I'll choose what I work on" button on the right.

5.       Click the blue "Update" button in the "Business Income & Expenses" section at the top.

6.       Click "Edit" next to the business you need to enter this information for.

7.       Scroll down to the Inventory/Cost of Goods Sold section

8.       Click "Update" next to Inventory and Cost of Goods Sold