You'll need to sign in or create an account to connect with an expert.
The business code is not given on form 1099-MISC.
The business code depends on your work activity and the principal business codes are listed on pages 17-18 of this document: http://www.irs.gov/pub/irs-pdf/i1040sc.pdf
Note that if your business can’t be classified, enter 999999 as the principal business code.
The business code is not given on form 1099-MISC.
The business code depends on your work activity and the principal business codes are listed on pages 17-18 of this document: http://www.irs.gov/pub/irs-pdf/i1040sc.pdf
Note that if your business can’t be classified, enter 999999 as the principal business code.
I am trying to fill out my taxes and have extra income 1099 but I do not have a principal business code, what do I do?
Schedule C line B Business Code is a 6 digit number for your activity. Here are the IRS instructions for Schedule C. Business codes start on page 18. If you can't find a code that applies, you can enter 999999.
Type in 999999.
You cannot enter 999999 in TurboTax. Maximum value that TurboTax allows to enter is 999000
The business code for Schedule C is enter in the Business profile section.
If you do not know your business code, you can enter a description and the program will make a suggestion for your business code. Go to the business profile and select EDIT for Business Code.
If no code is entered, the program will default to 999000
Do you have an additional question?
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.
LXT
Level 3
mliiiii95
Level 1
renee66
Level 1
arb65
Level 1
Conniec
Level 1