Naics code error 531211 for real estate sales not valid?
I have filed several 2018 T1's for real estate agents using NAICS code 531211 but when I created a new return today Profile says that the NAICS code is not valid. Did the code change recently? Is this a Profile error?
The code 531211 is a valid industry code and ProFile does accept it on the t2125 for example. Check the auditor for any audit messages. It is a common occurrence for self employed income to be entered on a T4A slip. ProFile may put the income on a different T2125 if it is a different source of income, ( business vs commission) , since these have to be reported on different lines on the T1.
If this is the issue you can scroll through the messages in the auditor. There would be some related to a t2125 with missing enters in a red colored font.
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