How many Sch C to file?
My client is a masseur. She worked for 3 different employers in 2007 and received 3 1099-MISCs. Should I file 3 separate Sch C for her or can I combine all income shown on 1099-Misc and all related expenses in 1 Sch C?
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Lordis
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03/12/08 7:39pm PDT
If all the 1099's are for the same line of business.. example: All for bookkeeping even if they were three different clients its still considered the same line of business & you file one schl C & combine the 1099's. However, if 2 of the 1099's are for bookkeeping & the third one is for (lets say) pool/yard maintance then you need 2 schl. C's since the third is a different type of business.
I hope this helps
Mt Juliet CPA
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