3698294
You'll need to sign in or create an account to connect with an expert.
The Business Code is a 6 digit number for your activity. If you can't find a code that applies, you can enter 999999.
Here are the IRS instructions for Schedule C. Business codes start on page 19.
http://www.irs.gov/pub/irs-pdf/i1040sc.pdf
See the FAQ on Business Codes,
https://ttlc.intuit.com/turbotax-support/en-us/help-article/business-taxes/business-code-used/L6QD0x...
The 6-digit principal business code is not a code assigned to you personally. It's a code that describes the classification of your business. We can probably help, or at least make suggestions for the correct code to use, if you tell us what kind of business you have. What is your primary product or service? Is it a retail type of business or are your customers other businesses?
BUT - The tag below your question says that you are using TurboTax Deluxe Online. You can't enter business income in Deluxe Online unless you have no business expenses and no income forms such as 1099-NEC, 1099-MISC, or 1099-K. You would normally use TurboTax Premium if you have business income.
ALSO, The tag below your question says that you are using TurboTax Live. If that's true, you should address your questions to a TurboTax Live tax expert. You are paying extra for that service. See the following FAQ for instructions to contact a TurboTax Live tax expert.
How do I connect with a tax expert in TurboTax Live?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ej13722
New Member
lw15
Level 3
maryiver1
New Member
chelsruhm7
New Member
DFS1
Level 2