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What is the difference in Federal tax classification

 
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3 Replies

What is the difference in Federal tax classification

What do you mean "federal tax classification"?  Please clarify.

rjs
Level 15
Level 15

What is the difference in Federal tax classification

The difference between what and what? If you're asking about something on your screen, we can't see your screen. You have to describe all the details of your question.

 

What is the difference in Federal tax classification

Are you filing Schedule C for self employment?  

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.

http://www.irs.gov/pub/irs-pdf/i1040sc.pdf

 

See the FAQ on Business Codes,

https://ttlc.intuit.com/community/business/help/what-is-the-business-code-used-for/00/25672

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