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Get your taxes done using TurboTax
I started my business this year. I had no inventory to start and now have $862.79 in finished art, $716.31 in materials that are directly used for the art, and $795.09 in expenses to set up and create (work lamp, drying racks, etsy fees, gloves, etc.). In the TurboTax Deluxe, I see the question "What was the value of your inventory at the end of 2019?" Is that asking for the finished at and materials or something else?
‎January 11, 2020
8:41 PM