Self-employed Physician Expenses

[mpsekhon]

I am a self-employed physician. I purchase Botox and filler to inject on my patients. I do not sell these products directly to my patients - they are used in procedures. I spend about $40,000/year on Botox and filler. Under what Expense category do these go? Supplies? Office Expenses? Miscellaneous? Something else? Thank you!

[ee-ea]

Supplies are the stuff used up in getting the work done or stuff turned over to the client. COGS is inventory. Stuff on shelves sold to buyers i.e. Corn Flakes in a supermarket.

[mpsekhon]

Thanks for the response. So where would you list Botox and filler and other similar injectables used on patients in procedures? Thank you. 

[VolvoGirl]

Yes use Supplies.  Or you could enter them under Other Misc Expenses.  Either place.  

[mpsekhon]

Thank you!