Hi There
Thanks for your question! I have included a link for your review:
https://turbotax.intuit.ca/tips/finding-the-right-industry-code-for-your-business-tax-return-6150
Entering the proper industry code into your TurboTax return is an important step in maximizing your deductions and any items available for deduction. It's also important to stay consistent in your industry coding from year to year unless your business has drastically changed.
Use the following process to find your industry code:
Note: If you have income from self-employment or if you own a small business, you'll also need to enter a six-digit industry code into your tax return (the CRA’s NETFILE service will reject your tax return if you use an incorrect or outdated code). Some sectors, sub-sectors, industry groups, and industry categories include an item that belongs with “Other.” You can choose that code if you're unable to find a code that's directly relevant to your scenario
Hope this helps!
- B
amie-09
New Member
gmsladen
New Member
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