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Level 2
March 19, 2025
Question

Schedule C

  • March 19, 2025
  • 1 reply
  • 2 views

I have 2 LLC.  I have done schedule C for only one(biz1 opened in 2021).  Biz2 was started in 2022(never filed taxes yet).

I have not yet filed taxes on biz2.  Should I have 2 schedules C this year to include biz2? @

1 reply

Level 15
March 19, 2025

Yes. Assuming they are two different types of business you should have two Schedules C in your tax return. This answer assumes both businesses are single member limited liability companies (SMLLCs).

  • Example: Different business product or service, completely different aspects of each business which would not make sense to combine them.
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