Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
loadpoi
Returning Member

How do I claim Indirect materials? I make tumblers with images, how do I catergozie the paper and tape that doesn't actually become part of the product in the end?

I also use things like transfer tape to apply vinyl to keychains, or glue and tape when doing paper crafts (like greeting cards).
1 Reply

How do I claim Indirect materials? I make tumblers with images, how do I catergozie the paper and tape that doesn't actually become part of the product in the end?

You would put it in your inventory. Your inventory includes raw materials as well as packaging material and supplies, work-in-progress (goods and services that you have not yet completed at the end of your fiscal period), and finished goods that you have on hand.