Am I a farm, a business, or both? Not sure which Schedule to use.

[evilkaty75]

I have a small business. I manufacture and sell soap primarily, some of which contains beeswax or honey. I do sell honey from my honey bees. But I also sell mason bee supplies (purchased wholesale), beeswax coated food wraps (purchased wholesale), beehives (purchased wholesale), and once a year I sell vegetable plants that I start from seed. Do I need Schedule C, schedule F, or both? I set up one booth at the farmer's market, and my sales often include a variety of products. It seems strange (and tedious!) to split that income up into both schedules. I have one business license and I treat it all as one business, not a business AND a farm. My bees aren't even on my own land, but hosted by someone else on their land!

[Cattlerancher]

Schedule F and C are taxed the same, the difference is primarily the income and expense categories. I would not do both and I would recommend schedule C because of the wholesale purchases.