Good afternoon, RaggedyAnnie!
You asked about how to report the depreciable assets from the separate Schedule C that you are combining into another Schedule C.
You will need to enter the assets, into the asset expense section of the combined Schedule C form.
You will need to report them exactly as they were originally reported on their original Schedule C.
Make sure you get the prior depreciation entered in correctly, and use the original date of service, cost, type and description. All of the depreciated assets need to be transferred over, even if they were fully depreciated, to ensure they are properly handled when they are sold or disposed of.
The date placed in service, the type of asset, its cost basis, and total prior year depreciation, can all be found on form 4562 Depreciation worksheets.
For further information on this topic please see:
Depreciating Business Assets
Reporting Self Emplyment Income and Expenses
Schedule C tax tips
Hopefully this helps!
Terri Lynn, EA
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