Data Entry

To enter a principal business or professional activity code for a Schedule C, on the C screen, use the Business code drop list.

From the Business code drop list, select the applicable business codes from the drop list. You can search the drop list codes by pressing Ctrl + Shift + S on the keyboard, or by right-clicking in the field and selecting Search from the drop down.

Watch the video Business Code Search for a demonstration.

Code Details

The codes are also available in the Schedule C Instructions. Not all codes included in the NAICS listing are included on the Schedule C instructions. Only those found in the instructions are available in the Business Code drop list on the C screen.

For specific situations that can be caused by the Business Activity Codes, seeDrake Tax – Schedule C: Clergy Business Code.