I don't have a principle business code from my 1099-MISC form. There is no Schedule C. How do I proceed with no principle business code?

Forum|Forum|6 years ago
June 3, 2019
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TurboTax Deluxe Online

Best answer by MinhT1

The business code is not given on form 1099-MISC.

The business code depends on your work activity and the principal business codes are listed on pages 17-18 of this document: http://www.irs.gov/pub/irs-pdf/i1040sc.pdf

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

MinhT1Answer

The business code is not given on form 1099-MISC.

The business code depends on your work activity and the principal business codes are listed on pages 17-18 of this document: http://www.irs.gov/pub/irs-pdf/i1040sc.pdf

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

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ADPer

You cannot enter 999999 in TurboTax. Maximum value that TurboTax allows to enter is 999000

KrisD15

The business code for Schedule C is enter in the Business profile section.

If you do not know your business code, you can enter a description and the program will make a suggestion for your business code. Go to the business profile and select EDIT for Business Code.

If no code is entered, the program will default to 999000

Do you have an additional question?

@ADPer

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mdimachkie

I am trying to fill out my taxes and have extra income 1099 but I do not have a principal business code, what do I do?

VolvoGirl

Employee

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