2 sch C's or 1

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  • taxgirl
    Member
    • Nov 2013
    • 95

    #1

    2 sch C's or 1

    After some recent conversation on this site, I am re-evaluating some things...

    I have a client that has a sch C for the service of facials etc and selling skin care products. This business has had continued losses of $1000-$4500 over a 5 year span.

    She is also a hair stylist. In 2014 the owner of the salon, where my client rents for above, changed over to renting and 1099 for the stylists too.

    Since both are operated out of the same location, with rent being paid to the same person, would you put the two services together as salon services?
  • Kram BergGold
    Senior Member
    • Jun 2006
    • 2112

    #2
    Yes

    To me, these two endeavors are closely related, so I see no problem with one Schedule C.

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    • TAX4US
      Senior Member
      • Mar 2010
      • 551

      #3
      What would you do with a beautician that also sells MK from the same shop? 90% hair business 10% mk in gross sales.

      Comment

      • JudyL
        Member
        • Feb 2015
        • 58

        #4
        Originally posted by taxgirl
        After some recent conversation on this site, I am re-evaluating some things...

        I have a client that has a sch C for the service of facials etc and selling skin care products. This business has had continued losses of $1000-$4500 over a 5 year span.

        She is also a hair stylist. In 2014 the owner of the salon, where my client rents for above, changed over to renting and 1099 for the stylists too.

        Since both are operated out of the same location, with rent being paid to the same person, would you put the two services together as salon services?

        I'd report it all on one schedule C because all of these activities fall under cosmetology.
        jklcpa

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        • taxea
          Senior Member
          • Nov 2005
          • 4292

          #5
          I agree with JudyL these are similar services...one Sch C
          Believe nothing you have not personally researched and verified.

          Comment

          • geekgirldany
            Senior Member
            • Jul 2005
            • 2359

            #6
            It is related and I would combine to one Schedule C but... why is/was she still doing the skin care with such losses? Plus how was she being paid before as a stylist? W-2?

            I suppose she was paying rent for a place to do the skin care but with such losses looks like she would have stopped it.

            Comment

            • taxgirl
              Member
              • Nov 2013
              • 95

              #7
              She was previously paid via w-2. Thanks All!

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