Turbo Tax for Business business code issue

Forum|Forum|3 years ago
February 2, 2023
2 replies
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I am using the online version of TurboTax for Business 2022 to prepare the 1120S tax return for my business. It will not accept the correct business code. I have used that code for years and again verified that the IRS still lists the same code for my type of business. I have changed the business description to exactly what IRS uses for this code. TurboTax continually gives me an error since it will not accept the code number. Is my only option to print the return and file by mail after manually entering the code? I would much prefer to file electronically.

TurboTax Business Windows

Anonymous_

Employee

@hbgal wrote:

I am using the online version of TurboTax for Business 2022 to prepare the 1120S tax return for my business. It will not accept the correct business code.

Which code are you using?

Also, note that there is currently no online version of TurboTax Business.

CarissaM

It could be one of the forms you need to use is not able to e-file this year.

You can view the list of forms here to see if this is the case.

If you would prefer quicker assistance, you can click here to contact us by phone.

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Parklander

I have the same issue. The code is valid in the IRS document and TurboTaxes Find Business Code directory. I tried some number that is not listed, and it worked. So no idea how to fix it, as all the numbers in adjacent space all didn't work. Our number is 511120

RobertB4444

Please click on the link provided by @Anonymous_ above. The IRS changes these business codes all the time. 511120 is not on this year's list. You will have to adjust your business code.

@Parklander

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