turbotax icon
turbotax icon
turbotax icon
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mretrac
New Member

What is schedule c business code and where do I find it?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MichaelDC
New Member

What is schedule c business code and where do I find it?

A business code is a way for the IRS to classify the type of product or service you provide in your business. You can update your six-digit Business Code by going back to Edit the Business Profile. (See below for a reference of what the Business Codes are.)

While inside the software and working on your return, type Schedule C in the Search at the top of the screen (you may see a magnifying glass there).  There will be a popup that says Jump to Schedule C.  Select that to get to the general area. 

·         Click to Edit next next to the business

·         You should see Business Profile toward the top of the screen.

·         Select that, then scroll to Business Code

Here's a list of all available business codes (also available in the TurboTax interview):

https://www.irs.gov/pub/irs-pdf/i1040sc.pdf   Page 17

Note that if your business can’t be classified, enter 999999 as the principal business code.


Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies