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Business & farm
Yes, you will need two separate Schedule Cs only because as self-employed you each need to pay SECA ( a 15.3% of most of your net income for Social Security and Medicare ) to your individual accounts. You can use your own names as the name of business, your home as your business address ( don't forget home office deductions ). Turbo will walk you through the sequence, just make sure that you have receipts for all incomes and expenses.
‎June 4, 2019
3:07 PM