Keep in mind that your Beginning of Year Inventory Balance absolutely must match your prior year's End of Year Inventory Balance. If it does not, then you'll have some 'splainin' to do to the IRS, and there is no reason or excuse you can give that they will find acceptable.
If you show that inventory as removed for personal use, then what you paid for that inventory is not tax deductible. One thing you might be able to do, is to show that inventory as "sold" for $0. That's the only way I can think of off the top of my head, that will allow you to deduct what you paid for that inventory, from your taxable business income. If it won't accept $0, then make it $1, open your wallet and buy the books from your business for that $1.
