@kanddtaxprep 

This is NOT Intuit support - this is a peer to peer forum populated by fellow software users. So nope, *we* can't add anything, ASAP or otherwise.

And Intuit doesn't "add" NAICS codes, the government dictates those.

AND ...  611610 exists in the drop down menu for Lacerte. 

I'd be really surprised if it isn't also there for PTO.

Wow...  talk about "the poor stepchild" sydrome.

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@abctax55 wrote:

AND ...  611610 exists in the drop down menu for Lacerte. 

 

I  think Lacerte is wrong.

The instructions don't say to enter a NAICS code.  It says to enter the "Principal Business Activity Code" (which is based on NAICS) and to enter the code "from the list below".

So you need to use a number that is from the list in the Instructions, not from the NAICS website.  And 611610 is not on that list.

https://www.irs.gov/pub/irs-pdf/i1120s.pdf#page=47

EDIT:  What number shows up on the tax form?  It is possible that Lacerte is set up to enter a NAICS code and then translates it to the proper "Principal Business Activity Code" from the instructions.

Could be....  I just typed in the number to see if it was available.  I didn't look to see what it "said" 🙂

And how does any code here help to administer the proper collection of income taxes? 

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@George4Tacks wrote:

And how does any code here help to administer the proper collection of income taxes? 

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I'm not sure if this is true or not, but from what I understand, they are used to create statistical averages for a particular type of business.   So when the IRS gets a tax return that is significantly different than the statistical average for that type of business, it can trigger a 'red flag' for a potential audit.  

And of course an audit is used to collect taxes.   🙂