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Level 2
posted Feb 26, 2023 9:54:06 AM

Unable to file 1065 Partnership Return due to Business Code

I'm getting an error on my federal 1065 partnership return saying I haven't entered a valid 6 digit business code.  In all past years I've used 531100 for my rental property but that's giving me an error.  I read an article that this number doesn't effect your return, and is just used for data collection,  that you can enter 999999 instead.  That didn't work either though. Please help!

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1 Replies
Level 15
Feb 26, 2023 10:12:43 AM

The business codes have changed. Use one of the codes provided in the instructions for Form 1065.

 

See https://www.irs.gov/instructions/i1065#idm140447348612208