Instructions For Form 1120-Ic-Disc - 2004 (Page 14 of 15) in pdf

Form 1120-IC-DISC Codes for Principal Business Activity

This list of principal business activities and their associated codes is

total gross receipts is derived. Total receipts means all income (line

designed to classify an enterprise by the type of activity in which it is

1, page 1).

engaged to facilitate the administration of the Internal Revenue

On page 6, Schedule O, line 1, enter the principal business activity

Code. These principal business activity codes are based on the

and principal product or service that account for the largest

North American Industry Classification System. Certain activities,

percentage of total receipts. For example, if the principal activity is

such as manufacturing, do not apply to an IC-DISC.

“Wholesale Trade Durable Goods: Machinery, Equipment, &

Using the list below, enter on page 1, item B, the code number for

Supplies,” the principal product or service may be “Engines and

the specific industry group from which the largest percentage of

Turbines.”

Wholesale Trade

Rental and Leasing

Merchandise Wholesalers, Durable

424500 Farm Product Raw Materials

Broadcasting (except Internet)

Rental and Leasing Services

Goods

424600 Chemical & Allied Products

515100 Radio & Television

532100 Automotive Equipment Rental

423100 Motor Vehicle & Motor

Broadcasting

& Leasing

424700 Petroleum & Petroleum

Vehicle Parts & Supplies

Products

515210 Cable & Other Subscription

532210 Consumer Electronics &

423200 Furniture & Home Furnishings

Programming

Appliances Rental

424800 Beer, Wine, & Distilled

423300 Lumber & Other Construction

Alcoholic Beverage

532220 Formal Wear & Costume

Internet Publishing and Broadcasting

Materials

Rental

424910 Farm Supplies

516110 Internet Publishing &

423400 Professional & Commercial

532230 Video Tape & Disc Rental

424920 Book, Periodical, &

Broadcasting

Equipment & Supplies

Newspapers

532290 Other Consumer Goods

Telecommunications

423500 Metal & Mineral (except

Rental

424930 Flower, Nursery Stock, &

517000 Telecommunications

Petroleum)

Florists’ Supplies

532310 General Rental Centers

(including paging, cellular,

423600 Electrical & Electronic Goods

532400 Commercial & Industrial

424940 Tobacco & Tobacco Products

satellite, cable & other

423700 Hardware, & Plumbing &

Machinery & Equipment

424950 Paint, Varnish, & Supplies

program distribution,

Heating Equipment, & Supplies

Rental & Leasing

424990 Other Miscellaneous

resellers, & other

423800 Machinery, Equipment, &

telecommunications)

Nondurable Goods

Professional Services

Supplies

Information

Internet Service Providers, Web

423910 Sporting & Recreational Goods

Architectural, Engineering, and

Search Portals, and Data Processing

Publishing Industries (except

& Supplies

Related Services

Services

Internet)

423920 Toy & Hobby Goods & Supplies

541310 Architectural Services

518111 Internet Services Providers

511110 Newspaper Publishers

423930 Recyclable Materials

541320 Landscape Architecture

518112 Web Search Portals

511120 Periodical Publishers

423940 Jewelry, Watch, Precious

Services

518112 Data Processing, Hosting, &

511130 Book Publishers

Stone, & Precious Metals

541330 Engineering Services

Related Services

511140 Directory & Mailing List

423990 Other Miscellaneous Durable

541340 Drafting Services

Publishers

Goods

Other Information Services

541350 Building Inspection Services

511190 Other Publishers

519100 Other Information Services

541360 Geophysical Surveying &

Merchandise Wholesalers,

511210 Software Publishers

(including news syndicates,

Mapping Services

Nondurable Goods

libraries)

541370 Surveying & Mapping (except

424100 Paper & Paper Products

Motion Picture and Sound

Geophysical) Services

Recording Industries

424210 Drugs & Druggists’ Sundries

541380 Testing Laboratories

512100 Motion Picture & Video

424300 Apparel, Piece Goods, &

Industries (except video

Notions

Other Professional Services

rental)

424400 Grocery & Related Products

541600 Management Services

512200 Sound Recording Industries

Schedule P (Form 1120-IC-DISC) Codes for Principal Business Activity

(These codes are used only with Schedule P (Form 1120-IC-DISC)).

Using the list below, enter on each Schedule P, the code for the

specific industry group and the product or product line for which the

These codes for the Principal Business Activity are designed to

Schedule P is completed.

classify enterprises by the type of activity in which they are engaged

to facilitate the administration of the Internal Revenue Code. Certain

activities such as manufacturing do not apply to an IC-DISC.

Transportation,

Code

Retail Trade

Finance, Insurance, and Real

Communication, Electric,

Estate

Code

5040 Sporting, recreational,

Gas, and Sanitary Services

Code

photographic, and hobby

Building materials, hardware, garden

goods, toys, and supplies

supply, mobile home dealers,

Code

Credit agencies other than banks

5050 Metals and minerals, except

general merchandise, and food

6199 Other credit agencies

Transportation

petroleum and scrap

stores

4400 Water transportation

5060 Electrical goods

5220 Building materials dealers

Services

4700 Other transportation services

5070 Hardware, plumbing and heating

5251 Hardware stores

Electric, gas, and sanitary services

equipment

Business services

5265 Garden supplies and mobile

5098 Other durable goods

7389 Export management services

4910 Electric services

home dealers

Auto repair and services;

5300 General merchandise stores

4920 Gas production and distribution

Nondurable

miscellaneous repair services

5410 Grocery stores

4930 Combination utility services

5110 Paper and paper products

7500 Lease or rental of motor

5490 Other food stores

5129 Drugs, drug proprietaries, and

vehicles

Automotive dealers and service

Wholesale Trade

druggists’ sundries

Amusement and recreation services

5130 Apparel, piece goods, and

stations

Durable

7812 Motion picture production,

5515 Motor vehicle dealers

notions

distribution, and services

5008 Machinery, equipment, and

5140 Groceries and related products

5541 Gasoline service stations

Other services

supplies

5150 Farm-product raw materials

5598 Other automotive dealers

5010 Motor vehicles and automotive

8911 Architectural and engineering

5160 Chemicals and allied products

5600 Apparel and accessory stores

equipment

services

5170 Petroleum and petroleum

5700 Furniture and home furnishings

5020 Furniture and home furnishings

8930 Accounting, auditing, and

products

stores

5030 Lumber and construction

bookkeeping

5180 Alcoholic beverages

5800 Eating and drinking places

8980 Miscellaneous services

materials

5190 Miscellaneous nondurable

Miscellaneous retail stores

goods

5912 Drug stores and proprietary

stores

5921 Liquor stores

5995 Other miscellaneous retail

stores

-14-

Instructions for Form 1120-IC-DISC

Instructions For Form 1120-Ic-Disc - 2004 Page 14

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