Principal Business Activity Code
Temporary suspension of 10 limitation for certain disaster-related contributions.
Principal business activity code. Support Activities for Agriculture and Forestry. 721310 Rooming boarding houses 721210 RV recreational vehicle parks recreational camps 721100 Traveler Accommodation including hotels motels bed breakfast inns Food Services Drinking Places. 711210 - Spectator sports sports clubs racetracks 711300 - Promoters of performing artssportsrelated events.
These six-digit codes are based on the North American Industry Classification System NAICS. Then select the activity that best identifies the principal source of your sales or receipts for example real estate agent. As a result all partnerships must report business interest expense to partners on Schedules K-1 Form 1065.
Use the BEST Free Resource for NAICS SIC Information. Select the category that best describes the primary business activity for exam-ple Real Estate. Business Activity Codes Accommodation Food Services Drinking Places Accommodation 721310 - Rooming boarding houses 721210 - RV recreational vehicle parks recreational camps 721100 - Traveler accommodation including hotels motels bed breakfast inns Food Services Drinking Places.
Select the code that best matches your primary business activity. Now find the six-digit code assigned to this activity for example 531210 the code for offices of real estate agents and brokers and enter it on Schedule C line B. Accommodation Food Services Drinking Places Accommodation.
These principal business activity codes are based on the North American Industry Classification System. List first the largest in terms of unrelated income then the next largest AGRICULTURE FORESTRY HUNTING AND FISHING Code 110000 Agricultural forestry hunting and fishing 111000 Crop production MINING Code 211110 Oil and gas extraction. Code N box 20.
Code AG box 20. Finding Your NAICS SIC Codes has never been easier. Heavy and Civil Engineering Construction.