How do I deduct materials for my construction business

[HelenaC]

Materials and supplies are entered in the Inventory/Cost of Goods Sold section of TurboTax. To get to that section: 

• Type Sch C in the search/find bar and click search/find.
• Click on Jump to Sch C.
• Click on start/edit or Add Another Business.
• At the Your XXX Business screen, scroll down to Inventory/Cost of Goods Sold. Click Start/Edit. 
• Continue with the onscreen interview. 
• See the screenshots below.

Related information:

What is the Accrual Method of Accounting?

What is the Cash Method of Accounting?