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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