As the title states, I have filled out 2 schedules C's for this year. Both are sole proprietorships, one for my property management job, where I have 1099s, and another for my small crypto mining operation. As far as I can tell, the business income limitation on section 179 for individuals is their total business income. The instructions for line 11 state " Enter the smaller of line 5 or the total taxable income from any trade or business you actively conducted, computed without regard to any section 179 expense deduction."

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So my question is do I only fill out one form 4562 for the activities related to both schedule C's or do I need to fill out two. Also, I was wondering if it is acceptable to group items purchased into a category for line six, column a, such as "Cryptocurrency Mining Hardware" rather than listing each item since they only give you 2 lines for section 179.