topic If my husband buys materials for the client, and they pay him back with no mark ups, where do I file that amount? Please and thank you! in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/if-my-husband-buys-materials-for-the-client-and-they-pay-him-back-with-no-mark-ups-where-do-i-file/01/2547911#M912754 Mon, 09 Mar 2026 09:06:38 GMT carlndolores 2026-03-09T09:06:38Z If my husband buys materials for the client, and they pay him back with no mark ups, where do I file that amount? Please and thank you! https://ttlc.intuit.com/community/taxes/discussion/if-my-husband-buys-materials-for-the-client-and-they-pay-him-back-with-no-mark-ups-where-do-i-file/01/2547911#M912754 Mon, 09 Mar 2026 09:06:38 GMT https://ttlc.intuit.com/community/taxes/discussion/if-my-husband-buys-materials-for-the-client-and-they-pay-him-back-with-no-mark-ups-where-do-i-file/01/2547911#M912754 carlndolores 2026-03-09T09:06:38Z Re: If my husband buys materials for the client, and they pay him back with no mark ups, where do... https://ttlc.intuit.com/community/taxes/discussion/re-if-my-husband-buys-materials-for-the-client-and-they-pay-him-back-with-no-mark-ups-where-do/01/2548018#M912792 <P>The best way to report it is to include it as income (either as a separate entry or if it is included on invoice you can enter as general income) then deduct the same amount as supplies.&nbsp; &nbsp; This way you will records of income and payments to buy the supplies in your accounting books.</P> <P>&nbsp;</P> <P>Because it is not considered inventory, you do not have to keep track of the Cost of Goods sold as a small business.</P> Fri, 04 Mar 2022 21:59:25 GMT https://ttlc.intuit.com/community/taxes/discussion/re-if-my-husband-buys-materials-for-the-client-and-they-pay-him-back-with-no-mark-ups-where-do/01/2548018#M912792 MaryK4 2022-03-04T21:59:25Z Re: If my husband buys materials for the client, and they pay him back with no mark ups, where do I file that amount? Please and thank you! https://ttlc.intuit.com/community/taxes/discussion/re-if-my-husband-buys-materials-for-the-client-and-they-pay-him-back-with-no-mark-ups-where-do-i/01/2548019#M912793 <P>When he buys supplies he deducts that expense on Sch C and when he is reimbursed for those supplies as part of his payment he includes that as income on the Sch C so one balances out the other.&nbsp;</P> Fri, 04 Mar 2022 21:59:31 GMT https://ttlc.intuit.com/community/taxes/discussion/re-if-my-husband-buys-materials-for-the-client-and-they-pay-him-back-with-no-mark-ups-where-do-i/01/2548019#M912793 Bsch4477 2022-03-04T21:59:31Z