TPApril Posted January 22, 2015 Posted January 22, 2015 This isn't particularly a 5500 question, but it is directly related to determining what to fill in on the 5500, specifically for Business Code. Non profit's main business is community service. To fund this service, they created a taxable entity/subsidiary which employs the bulk of the employee population at a restaurant. Question is which one takes precedence for Business Code - restaurant or non profit (813000)?
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