topic Updated - added image. in Get your taxes done using TurboTax

Where do I enter material costs for producing products?

ojaituono666 — Tue, 04 Jun 2019 19:55:33 GMT

The costs of your materials are reported as part of your...

DawnC0 — Tue, 04 Jun 2019 19:55:35 GMT

The costs of your materials are reported as part of your 'Cost of Goods Sold' under Inventory (Less Common Expenses). See image. If you don't keep an inventory, you can enter 0 for both beginning and ending inventory amounts.

Updated - added image.

DawnC0 — Tue, 04 Jun 2019 19:55:36 GMT

Updated - added image.