If she is operating them both under one name and federal ID then she can use one schedule C.
On Wed, Oct 1, 2008 at 10:20 AM, Cris Kelly <ckelship@yahoo.com > wrote:
I have a client that is operating as a sole prop.
In 2007 she purchased a 2nd location, so now she has 2 residential care homes.
Am I correct that I can combine all the income / expenses on one Schedule C? Or do I need to have two separate 'C's since they are not located together?
I believe that I can combine them, I just want to verify with the experts.
Thanks for the help.
Cris
IRS Circular 230 Disclosure: Unless expressly stated otherwise in this transmission, any tax advice contained herein, forwarded with or attached to this message was not and is not intended to be used, nor may it be relied upon or used, by any taxpayer for the purpose of (1) the avoidance of any tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions, or (2) promoting, marketing or recommending to another party any tax transaction or tax-related matters that may be addressed herein.

Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch format to Traditional
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe
.
__,_._,___