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Level 3
February 10, 2021
Solved

Submitted Taxes, Old Category Code

  • February 10, 2021
  • 1 reply
  • 8 views

I just submitted my taxes and when I printed them, I noticed the Schedule C, line B, had the old category code of 454111.  I found on census.gov the changes from 2012 to 2017 NAICS:  "2012 NAICS industries 454111, Electronic Shopping, 454112, Electronic Auctions, and 454113, Mail-Order Houses, were collapsed into a new 6-digit industry: 454110, Electronic Shopping and Mail-Order Houses."

 

Do you think I'll have any issues with this?

Best answer by JeffreyR77

You are correct, 454111 has been dropped as a separate subcategory of 454110.

 

The IRS will associate your business with 454110 businesses. 

 

IRS Principal Business or Professional Activity six-digit codes are based on the North American Industry Classification System (NAICS).  

 

NAICS Code 454110 - Electronic Shopping

1 reply

Level 10
February 10, 2021

No, 454111 is the code used for internet sales by the IRS.

genie187Author
Level 3
February 10, 2021

I'm not sure, I don't see 454111 in the Schedule C instructions starting 2017.

Level 10
February 11, 2021

You are correct, 454111 has been dropped as a separate subcategory of 454110.

 

The IRS will associate your business with 454110 businesses. 

 

IRS Principal Business or Professional Activity six-digit codes are based on the North American Industry Classification System (NAICS).  

 

NAICS Code 454110 - Electronic Shopping