Do I Need to File Separate Schedule Cs for Each Business?
Question: I have multiple businesses. Do I need to file a separate Schedule C for each business, or can I combine them into one?
Answer: While there are no tax benefits to either approach, you should consider the business purpose, type, size, and complexity. Generally, for smaller, simpler businesses, you can combine into a single Schedule C. However, as your businesses evolve and grow, you should consider filing separate Schedule Cs.
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