<prompt> Human: I started a side business last year, and I wait till the last second to do my taxes. I tried HR Block in person and they didnt seem to know anything about online sales or how I was going to report it and they wanted 400.I built a machine to make and sell stuff on Etsy and Amazon. I have the reports from those sites so its easy but under what term do I deduct the cost of building my machine and equipment purchased for making the items?  <response>: You need to file a schedule C for your business. Everything goes on there. 