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February 9, 2023
Question

Using Turbo Tax Business 2022 Can't enter business code

  • February 9, 2023
  • 3 replies
  • 0 views

I keep getting an error message that code 448130 is incorrect for the business code in turbo tax, and when I choose to find the business code 448130 it finds it, tries to enter it but then still shows the error message. Turbo tax business 2022 has a bug. Can you please fix it?

3 replies

Employee
February 9, 2023

That might not be a recognized business code. Choose one from this list. 

https://www.irs.gov/pub/irs-soi/18pf_business_codes.pdf

 

iron2Author
February 9, 2023

I have used that code for over 10 years and it's always worked in turbotax until this year. It's also in the list from the IRS and in the list that turbotax has when you choose find business code. In fact, when you find it in turbo tax and choose it, it puts it in the field and then says it's invalid and shows an error message even though you choose it from the list in turbo tax's own interface.

February 19, 2023

I am having the same issue and have tried putting in summary level codes and it still won't work.  Intuit, please update your systems to allow me to file my business taxes!

February 19, 2023

Just as follow-up information ... the code I have used for years is 111419 which doesn't work.  I have tried a host of agriculture codes (111000, 110000, etc) that are IRS Pub / NAICS codes and none of them work.

CatinaT1
February 20, 2023

Business Codes were revised and updated by the IRS. You will need to find a new category from the updated list. The business code section starts on page 18 of the link below.

 

Schedule C

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iron2Author
February 21, 2023

That doesn't make sense. If I click on FIND BUSINESS CODE, inside turbo tax, and enter the words "Infant clothing" and choose the infant clothing option INSIDE TURBO TAX, it rejects that number even though it is a valid entry inside turbo tax. If it's not valid anymore someone should remove it as an option INSIDE TURBO TAX. It's still a bug in turbo tax. When I walked through the issue with support over a week ago they said they were going to fix it but it's still broken. At least remove the option from turbo tax if it's not a real code (which it still is  in turbo tax).