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Old 05-17-2016, 10:02 AM
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Cool Can I file a Schedule C *AND* F for the same entity?


I farm lavender, and extract it into essential oils which I sell wholesale to other businesses. I also have a small business, which has a DBA under my LLC, which manufactures and distributes consumer products that include me essential oil.

Is it possible for me to file a schedule F for my farming/processing activities, and also file a schedule C, under the DBA, for my consumer product activities? I know they will combine on form 1040 for a total profit or loss because the DBA is not financially separate from the LLC on form 1040, but is it possible to file a schedule C PLUS an F for the same entity(LLC) like this?

It is desirable for me to have a method of profit/loss recording for the consumer products business alone, such as a schedule C.

Thanks a ton for any tips!

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