Vanessa A
Expert Alumni

Business & farm

Here is the list of Principal Business Codes. Basically, it is asking what industry you were working in the reason you received the 1099-NEC.  For example, if you were a subcontracting auto tech then you would enter the code 811110 Automotive mechanical & electrical repair & maintenance.  

 

This is just for statistical purposes.  It does not affect your return in any way. 

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