The items that you purchased for your business in 2022 but did not install until 2023 would be classified as inventory for 2022. When the items were installed in January of 2023, the items are removed from inventory and considered Cost of Goods Sold, COGS.
Or you have the option to deduct the expense in 2022 for the items. Small businesses have the option to handle inventory either way.
Please see this TurboTax Help article for more information about Inventory.
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