Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site ucbvax.UUCP Path: utzoo!watmath!clyde!floyd!harpo!decvax!ucbvax!wildbill From: wildbill@ucbvax.UUCP (William J. Laubenheimer) Newsgroups: net.taxes Subject: Freelancing and Federal Schedule C Message-ID: <307@ucbvax.UUCP> Date: Sat, 10-Mar-84 06:55:18 EST Article-I.D.: ucbvax.307 Posted: Sat Mar 10 06:55:18 1984 Date-Received: Wed, 14-Mar-84 07:44:10 EST Organization: U.C. Berkeley Lines: 12 Last year I had income from two very unrelated freelance and part-time occupations. (One was computer consulting, and one wasn't.) Does anybody out there in net-land know whether I file one schedule C for each occupation, or a combined schedule C for both? Also, if the answer is ``one form'', does the ``two out of five years'' rule for showing a profit in order to avoid having your losses cancelled by the IRS apply to the total shown? (If so, I can make some quite creative deductions related to the second occupation, and still show a decent profit on the whole thing.) Only 37 more days till tax time, Bill Laubenheimer ucbvax!wildbill