Thank you so much for your replies!
If I may, I'd like to ask two follow up questions:
1) If I have two Schedule Cs, how to determine on which of them to include expenses such as health insurance for my and my family that I pay myself? I know this is eligible for a tax deduction but not sure on which Schedule C to include it? The one for the freelance business or the one for the LLC activities?
2) On the same topic as above, what if I use a software or have a subscription expense used for both businesses? On which Schedule C should I include it?
3) If I understand you correctly, even if I apply for an EIN (while staying in the same scenario for the LLC meaning single owner, no employees and taxed as a sole proprietorship), I won't have to indicate it anywhere when filing Schedule C for that business?
Thanks again for your replies!
