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A client (hairstylist) asked if she can combine her jewelry sales with the sales of her hair products. I said no since they are two separate businesses?

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Level 15

It's cleaner and preferable to have two schedule Cs, but I could be swayed to reporting on one schedule C if the jewelry sales were piddly compared to the other revenues.

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

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Level 15

It's cleaner and preferable to have two schedule Cs, but I could be swayed to reporting on one schedule C if the jewelry sales were piddly compared to the other revenues.

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

View solution in original post

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Level 12

Are they two "separate" businesses? Separate FEIN? Or, two different Lines of retail? Selling shampoo and jewelry in the salon is all one Retail, if that is under one business FEIN.

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