2017 Instructions for Form FTB 3554
New Employment Credit

What’s New

Principal Business Activity Codes

The Principal Business Activity Codes, located at the end of these instructions, have been updated and revised to reflect updates to the North American Industry Classification System (NAICS).

Important Information

The Governor’s 2013 Economic Development Initiative

On July 11, 2013, the governor signed legislation that affected business incentives in California. The legislation had four impacts:

  • New Employment Credit (NEC)

    The NEC establishes a credit for businesses located in a designated area in the state. For more information, go to ftb.ca.gov and search for nec.

  • California Competes Tax Credit (CCC)

    The CCC is an income tax credit available to businesses that want to come to California or stay and grow in California. The Governor’s Office of Business and Economic Development (GO-Biz) administers the CCC. For more information, go to business.ca.gov.

  • Repeal of the Enterprise Zone (EZ) and Local Agency Military Base Recovery Area (LAMBRA) program effective January 1, 2014.

    For more information go to ftb.ca.gov and search for repeal tax incentives.

  • Sales Tax Exemption

    The California Department of Tax and Fee Administration administers a partial exemption to businesses that purchase qualified property on or after July 1, 2014. Go to cdtfa.ca.gov and search for manufacturing exemptions.

New Employment Credit

The NEC is available for each taxable year beginning on or after January 1, 2014, and before January 1, 2021. This credit is for a qualified taxpayer that hires a qualified full-time employee on or after January 1, 2014, and pays or incurs qualified wages attributable to work performed by that employee in a designated census tract, pilot area, or former economic development area, known as the Designated Geographic Area (DGA), and receives a Tentative Credit Reservation (TCR) for that employee. In addition, an annual certification of employment is required with respect to each qualified full-time employee hired in a previous taxable year. In order to be allowed a credit, the qualified taxpayer must have a net increase in the total number of full- time employees working in California, when compared to its base year, both determined on an annual full-time equivalent basis. See Line Instructions, Part I - Net Increase in Full-Time Employees, for more information.

Reporting Requirement

California statutes require the FTB to report the names of employers claiming the credit, the amount of the credit, and the number of new jobs created on the FTB website.

Purpose

Use form FTB 3554, New Employment Credit, to figure a credit for a qualified taxpayer that hires a qualified full-time employee and pays or incurs qualified wages attributable to work performed by that employee in a DGA and receives a TCR for that employee.

The NEC must be claimed on a timely filed original return of the qualified taxpayer.

An employer cannot claim the NEC for an employee hired before January 1, 2014.

General Information

A. Designated Geographic Area

In order to qualify for the NEC, the qualified taxpayer must have a qualified full-time employee performing services for the employer in the DGA. The DGA is defined as:

  • Designated census tracts that have the highest unemployment and highest poverty in the state.
  • Former Enterprise Zones (in existence on December 31, 2011, designated in 2012) and any revision to an EZ prior to June 30, 2013, except census tracts within those EZs with the lowest unemployment and poverty levels.
  • Former LAMBRAs (in existence on July 11, 2013).
Pilot Areas

Pilot areas are select areas within the DGA. There may be up to five pilot areas designated at one time. Qualified wages for qualified full-time employees in pilot areas are those wages greater than $10 per hour, up to 350% of the state minimum wage at that time.

In 2014, GO-Biz designated the following pilot areas:

  1. Fresno Pilot Area

    The former Fresno City Enterprise Zone, except within census tracts with the lowest unemployment and poverty levels.

  2. Merced Pilot Area

    The former Merced Enterprise Zone, except within census tracts with the lowest unemployment and poverty levels.

  3. Riverside Pilot Area

    The Riverside Pilot Area includes census tracts 303, 401.01, 402.03, 429.04, and 467 in Riverside County.

These pilot areas are in effect until December 31, 2017. The pilot area designation may be extended by GO-Biz for an additional period of up to three calendar years.

B. Qualified Taxpayer

A qualified taxpayer is an employer engaged in a trade or business within a DGA who, during the taxable year, pays qualified wages to a qualified full-time employee, and is not in an excluded business. See Line Instructions, Question F, Excluded PBA/NAICS Codes.

A qualified taxpayer must hire a qualified full-time employee on or after January 1, 2014, and receive a TCR from FTB within 30 days of complying with the Employment Development Department (EDD) new hire reporting requirements for that employee. In addition, a qualified taxpayer must annually certify each qualified full-time employee.

C. Tentative Credit Reservation

An employer is required to obtain a TCR from FTB for a qualified full-time employee. The employer must get the reservation within 30 days of completing the EDD new hire reporting requirements. A qualified taxpayer must obtain the TCR through an online system that is available on FTB’s website. For more information on the TCR, go to ftb.ca.gov and search for nec.

D. Annual Certification of Employment

The qualified taxpayer must annually certify that it is still a qualified employer and that each qualified full-time employee hired in a previous taxable year is still qualified in the current taxable year. The annual certification of employment is due on or before the 15th day of the third month of the qualified taxpayer’s current taxable year. For more information on annual certification, go to ftb.ca.gov and search for nec.

E. Relocating Businesses

A qualified taxpayer who relocates to a DGA will be allowed a NEC for wages paid to each qualified full-time employee employed in the new location only if the taxpayer provides each employee at the previous locations a written offer of employment at the new location, with comparable compensation. Note: This requirement does not apply if the qualified taxpayer is a small business.

This requirement for relocated employees applies if the taxpayer has an increase in the number of qualified full-time employees in a DGA within a 12-month period in which there is a decrease in the number of full-time employees employed in California but outside of the DGA.

F. Qualified wages

Qualified wages are wages paid by the qualified taxpayer during the taxable year to the qualified full-time employee that exceeds 150% (or $10 for a Pilot Area) but does not exceed 350% of minimum wage. The tentative credit is determined by multiplying the qualified wages for all qualified employees by 35%.

Wages for salaried employees must be converted to an hourly amount. A reasonable way to do this would be to divide the annualized salary by 2000 hours.

Qualified wages are wages paid during the 60 month period beginning with the first day the qualified full-time employee commences employment with the qualified taxpayer in the DGA. For this purpose, commencement of employment or the hire date is the first day for which the individual receives wages/compensation.

For an employer that operates a business that has regularly occurring seasonal or intermittent employment decreases and increases, re- employment of an individual is not a new hire. It is a continuation of the prior employment and does not constitute commencement of employment for the qualified wages test.

Employer employs 25 or fewer employees
Dates Qualified wage must exceed Maximum qualified hourly wage
January 1, 2017 – December 31, 2017 $15.00 $35.00
Pilot Areas
January 1, 2017 – December 31, 2017
$10 $35.00
Employer employs 26 or more employees
Dates Qualified wage must exceed Maximum qualified hourly wage
January 1, 2017 – December 31, 2017 $15.75 $36.75
Pilot Areas
January 1, 2017 – December 31, 2017
$10 $35.00

G. Minimum Wage

For any employer who employs 25 or fewer employees, the California minimum wage is:

  • $10.00 per hour from January 1, 2017 through December 31, 2017.
  • $10.50 per hour from January 1, 2018 through December 31, 2018.

For any employer who employs 26 or more employees, the California minimum wage is:

  • $10.50 per hour from January 1, 2017 through December 31, 2017.
  • $11.00 per hour from January 1, 2018 through December 31, 2018.

H. Limitations

S corporations may claim only 1/3 of the credit against the 1.5% entity level tax (3.5% for financial S corporations). The remaining 2/3 must be disregarded and may not be used as a carryover. S corporations can pass through 100% of the credit to their shareholders.

If a taxpayer owns an interest in a disregarded business entity [a single member limited liability company (SMLLC) not recognized by California, and for tax purposes is treated as a sole proprietorship owned by an individual or a branch owned by a corporation], the usable credit amount received from the disregarded entity is limited to the difference between the taxpayer’s regular tax figured with the income of the disregarded entity, and the taxpayer’s regular tax figured without the income of the disregarded entity.

Get Form 568, Limited Liability Company Tax Booklet, for more information.

This credit cannot reduce the regular tax below the minimum franchise tax (corporations and S corporations), the annual tax (limited partnerships, limited liability partnerships, and LLCs classified as a partnership), the alternative minimum tax (corporations, exempt organizations, individuals, and fiduciaries), the built-in gains tax (S corporations), or the excess net passive income tax (S corporations).

This credit cannot reduce regular tax below the tentative minimum tax. Get Schedule P (100, 100W, 540, 540NR, or 541), Alternative Minimum Tax and Credit Limitations, for more information.

This credit is not refundable.

Generally, the credit or credit carryover cannot be transferred to another employer unless there was a qualifying merger under the Internal Revenue Code or the credit qualifies under the California Revenue and Taxation Code (R&TC) Section 23663 for an assignment to an affiliated corporation.

I. Assignment of Credits

Credits earned by members of a combined reporting group may be assigned to an affiliated corporation that is an eligible member of the same combined reporting group. A credit assigned may only be claimed by the affiliated corporation against its tax liability. For more information, get form FTB 3544, Election to Assign Credit Within Combined Reporting Group, or form FTB 3544A, List of Assigned Credit Received and/or Claimed by Assignee or go to ftb.ca.gov and search for credit assignment.

J. Carryover

If the available credit exceeds the current year tax liability or is limited by tentative minimum tax, the unused credit may be carried over for five years or until the credit is exhausted, whichever occurs first. Apply the carryover to the earliest taxable year. In no event can the credit be carried back and applied against a prior year’s tax. Retain all records that document this credit and carryovers. The FTB may require access to these records.

K. Recapture

You may be required to recapture a previously taken credit if a qualified full-time employee is terminated within the first 36 months after beginning employment. The amount of credit that must be recaptured is the amount for that taxable year and all prior taxable years attributed to qualified wages paid to that employee.

You are not required to recapture the credit if you meet any of the following exceptions:

  • The employee voluntarily leaves employment.
  • The employee becomes disabled and unable to perform the services of that employment, unless the disability is removed before the close of the period and the employer fails to offer re-employment.
  • The employee is terminated due to misconduct.
  • The employer has a substantial reduction in operations, including reductions due to seasonal employment.
  • The employee is replaced by other qualified full-time employees so as to create a net increase in both the number of employees and the number of hours of employment.
  • The employment is considered seasonal, and the qualified employee is rehired on a seasonal basis.

Follow the instructions in the tax booklets if you are required to recapture the NEC.

Examples of the NEC Calculations

Example 1 – Employer with 26 or more employees

ABC Company is a qualified taxpayer and has a net increase in full-time employees. ABC Company receives the full amount of the tentative credit.

ABC Company is on a calendar year basis and operates entirely within the DGA. For its taxable year 2016, ABC Company has 100 full-time employees based on annual full-time equivalents. During taxable year 2017, ABC Company hired a number of new full-time employees, 2 of which were qualified full-time employees. ABC Company received a TCR for these employees as required.

Assume the following facts:

James Smith was hired on January 1, 2017, at an hourly wage of $17.00 and on July 1, 2017, his hourly wage was increased to $20.00 per hour. James worked 2,000 hours during taxable year 2017. Jane Jones was hired on July 1, 2017, at an hourly wage of $20.00 and worked 1,000 hours during taxable year 2017. The qualified wages and tentative credit are computed as follows:

Actual Wages 150% of Minimum Wage Qualified Wages Hours Worked Multiply by Applicable Credit Percentage Tentative Credit
James Smith
Jan 1 – June 30
$17.00 $15.75 $1.25 1,000 35% $437.50
James Smith
July 1 – Dec 31
$20.00 $15.75 $4.25 1,000 35% $1,487.50
Jane Jones
July 1 – Dec 31
$20.00 $15.75 $4.25 1,000 35% $1,487.50
Total Tentative Credit Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable $3,412.50

The Base Year is taxable year 2016. In its base year, annual full-time equivalents were 100. The annual full-time equivalents for 2017 was 108. The net increase in full-time employees over the base year is 8. The credit generated is computed as follows:

Description Calculation
Numerator 108-100 = 8
(Net Increase in full-time employees)
Denominator 2 qualified full-time employees
Computation 8/2 = 100% (the applicable percentage cannot exceed 100%)
Tentative Credit Amount $3,412.50
Credit Generated $3,412.50 ($3,412.50 × 100%)
Example 2 – Employer with 26 or more employees

ABC Company has a net increase in full-time employees and receives a partial amount of the tentative credit.

Assume the same facts as Example 1, except due to attrition the annual full-time equivalents for taxable year 2017 was 101. The net increase in full-time employees over the base year is 1 (101-100). The credit generated is computed as follows:

Description Calculation
Numerator 101-100 = 1 (Net Increase in full-time employees)
Denominator 2 qualified full-time employees
Computation 1/2 = 50%
Tentative Credit Amount $3,412.50
Credit Generated $1,706.25 ($3,412.50 × 50%)
Example 3

ABC Company does not have a net increase in full-time employees and receives no amount of the tentative credit.

The annual full-time equivalents for taxable year 2017 was 98. The net increase in full-time employees over the base year is zero (98-100 but it cannot be less than 0). ABC Company cannot claim a credit in taxable year 2017.

Example 4 – Employer with 25 or fewer employees

XYZ Company is a qualified taxpayer and first commences doing business in California on January 1, 2017, and receives the full amount of the tentative credit.

XYZ Company is on a calendar year basis and first commences business in California on January 1, 2017, and operates in the DGA. During its taxable year 2017, XYZ Company hired a number of full-time employees, 2 of which were qualified full-time employees. Assume the following facts:

Jeff Smith was hired on January 1, 2017, at an hourly wage of $17.00 and on July 1, 2017, his hourly wage was increased to $18.00. Jeff worked 2,000 hours during taxable year 2017. Mary Jones was hired on July 1, 2017, at an hourly wage of $18.50 and worked 1,000 hours during taxable year 2017.

The qualified wages and tentative credit are computed as follows:

Actual Wages 150% of Minimum Wage Qualified Wages Hours Worked Multiply by Applicable Credit Percentage Tentative Credit
Jeff Smith
Jan 1 – June 30
$17.00 $15.00 $2.00 1,000 35% $700
Jeff Smith
July 1 – Dec 31
$18.00 $15.00 $3.00 1,000 35% $1,050
Mary Jones
July 1 – Dec 31
$18.50 $15.00 $3.50 1,000 35% $1,225
Total Tentative Credit Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable $2,975

Since XYZ Company first commenced business in California on January 1, 2017, its base year annual full-time equivalents are zero. Assume its annual full-time equivalents were 5 in taxable year 2017. The net increase in full-time employees over the base year is 5 (5-0). The credit generated is computed as follows:

Description Calculation
Numerator 5-0 = 5 (Net Increase in full-time employees )
Denominator 2 qualified full-time employees
Computation 5/2 = 100% (the applicable percentage cannot exceed 100%)
Tentative Credit Amount $2,975
Credit Generated $2,975 ($2,975 × 100%)

Line Instructions

Answer Questions A through G

Corporations, estates, trusts, partnerships, exempt organizations, and sole proprietors, complete items A through G.

Investors of pass-through entities, complete items A through C.

Question B

Qualified taxpayers must have a qualified full-time employee working within the DGA. To find whether a specific location is within the DGA go to the DGA mapping tool. For more information on the mapping tool go to ftb.ca.gov and search for nec.

Question D

To find whether a specific location is within a pilot area, go to the DGA mapping tool at ftb.ca.gov and search for nec pilot area.

Question E

An employer is required to obtain a TCR from the FTB for each qualified employee. Only claim a credit for an employee which you obtained a TCR. For more information, see General Information C, Tentative Credit Reservation.

Question F

Enter the Principal Business Activity (PBA) code of your principal activities. The codes are listed on page 8 through page 10. The PBAs are based on the North American Industry Classification System (NAICS).

The entity’s primary line of business is determined on a separate company basis (not a combined group basis) when determining if the corporation is in an excluded industry.

Excluded PBA/NAICS Codes

In order to be a qualified taxpayer, your primary PBA code or NAICS code must not be an excluded one. Excluded businesses are those in temporary help services or retail trades, and those primarily in food services, theater companies and dinner theaters, drinking places (alcoholic beverages,) or casinos and casino hotels. These otherwise disqualified businesses may be qualified if they are considered a small business.

The NAICS codes for each of these disqualified industries are:

  • Temporary Help-NAICS 561320
  • Retail Trade Services-NAICS Sector 44-45
  • Primarily Theater Companies and Dinner Theater-NAICS 711110
  • Primarily Food Services-NAICS 722511, 722513, 722514, and 722515
  • Primarily Casino and Casino Hotels-NAICS 713210 and 721120
  • Primarily Drinking Places (Alcoholic Beverages)-NAICS 722410

All sexually-oriented businesses are excluded from being a qualified taxpayer regardless of their status as a small business explained below. A sexually oriented business includes a nightclub, bar, or similar commercial enterprise that provides for an audience of two or more individuals live nude entertainment or live nude performances where the nudity is a function of everyday business operations, and where nudity is a planned and intentional part of the entertainment or performance.

Question G

For this purpose, “gross receipts” means the sum of the gross receipts from the production of business income, as defined in R&TC Section 25120(a), and the gross receipts from the production of nonbusiness income, as defined in R&TC Section 25120(d).

Gross receipts

If your gross receipts qualify you as a “small business”, the only applicable exclusion is for sexually oriented businesses.

A small business is a business that has aggregate gross receipts, less returns and allowances reportable to this state, of less than two million dollars ($2,000,000) during the previous taxable year.

Determination of whether a taxpayer is a “small business” is made on an annual basis, and is determined by each individual entity.

Part I – Net Increase in Full-Time Employees

The net increase in full-time employees is the total number of annual full-time equivalents in the current taxable year, less the annual full-time equivalents in the base year.

Base year

The base year is the year before the 1st qualified employee is hired. The base year is taxable year 2016 for an employer who hired its first qualified full-time employee during taxable year 2017.

Once the base year is established, it does not change from year to year.

For taxpayers who first commence doing business in California during the current taxable year, the number of full-time employees for the base year would be zero. For more information in determining whether the taxpayer has first commenced doing business in this state during the current taxable year, see Legal Rulings 96-5 and 99-2, and R&TC Sections 17276(f) and 24416(g).

Annual full-time equivalents working in California

An employer must determine their annual full-time equivalents for their base year, and for each taxable year for which they will claim a credit. The number of full-time equivalents is the number of full-time employees who work the entire year and a pro-rata fraction for full-time employees who did not work the entire year. For full-time employees who worked part of the year, the fraction is determined as follows:

  • For a full-time employee paid hourly qualified wages, the total number of hours worked for the taxpayer by the employee (not to exceed 2,000 hours per employee) divided by 2000.
  • For a salaried full-time employee, the total number of weeks worked for the qualified taxpayer by the employee divided by 52.

Part time employees are not included in the calculation of annual full- time equivalents.

Section A and Section B Decimal Places

For line 4, line 7, and line 8 of Section A, and for line 12, line 15, and line 16 of Section B, enter the result as a decimal (rounded to four decimal places).

Line 8

For taxpayers who first commence doing business in this state during the taxable year, the number of full-time equivalents for the base year is zero. Enter zero on line 8.

Part II – Available Credit

Line 17

Enter net increase in full-time employees as a decimal (rounded to four decimal places).

Line 18

Enter qualified full-time employees. The following are the requirements for a qualified full-time employee:

  • Taxpayer received a TCR from FTB.
  • Performs at least 50% of their services for the employer in the DGA. The employee may work in more than one location in the DGA to meet the requirement.
  • Receives starting wages that exceed 150% up to 350% of the state minimum wage, or if the employee is hired to work in a pilot area, receives starting wages exceeding $10 per hour.
  • Is hired on or after January 1, 2016.
  • Is hired after the DGA is designated.
  • Is paid hourly wages for an average of at least 35 hours per week, or is salaried, and paid for full-time employment (within the meaning of Section 515 of the Labor Code).
  • And, meets one of five conditions:
    1. Unemployed for the six months immediately preceding hire. If the individual completed a college or similar program and received a baccalaureate, postgraduate, or professional degree, the completion date must be at least 12 months prior to hire. For purposes of this definition, an individual is unemployed for a period if all of the following circumstances apply:
      • Not receiving wages subject to withholding.
      • Not self-employed.
      • Not a full-time student at a high school, college, university, or postsecondary education institution.
    2. Veteran separated from the U.S. Armed Forces in the preceding 12 months.
    3. Recipient of the Earned Income Tax Credit (EITC) in the previous taxable year. For this purpose, an employee is deemed to be an EITC recipient if the EITC was claimed on the last personal income tax return filed before the employee’s commencement of employment.
    4. Ex-offender convicted of a felony.
    5. Current recipient of CalWORKS or general assistance in accordance with the applicable sections of the Welfare and Institutions Code.
Line 19

The applicable percentage is the net increase in full-time employees in California (determined on an annual full-time equivalent basis) divided by the number of qualified full-time employees, for which you received a TCR. The applicable percentage cannot exceed 100% or 1.0000. Enter the result as a decimal (rounded to four decimal places).

Line 20

The tentative credit amount is the total qualified wages multiplied by hours worked multiplied by 35% (the applicable credit percentage). See examples on the page 4 and use Worksheet 1 below to calculate your tentative credit amount. Round your answer to the nearest whole dollar amount.

Line 21

Enter the total NEC generated amount on this line and on your current tax return. Refer to the credit instructions in the tax booklet for your tax return for more information.

Line 22

Enter the total amount of credits received from S corporations, estates, trusts, partnerships, or LLCs classified as partnerships.

Line 25a – Credit claimed

Do not include assigned credits claimed on form FTB 3544A.

This amount may be less than the amount on line 24 if your credit is limited by your tax liability. For more information, see General Information H, Limitations, and refer to the credit instructions in your tax booklet. Enter the total NEC claimed amount on this line and on your current tax return. Refer to the credit instructions in the tax booklet for your tax return for more information.

Line 25b – Total credit assigned

Corporations that assign credit to other corporations within the same combined reporting group must complete form FTB 3544. Enter the total amount of credit assigned from form FTB 3544, column (g) on this line.

Worksheet 1

Do not attach to form FTB 3554. Keep for your records.

  (a)
Qualified Full-Time Employee
(b)
Actual hourly wages
(c)
Minimum qualified wage threshold
(d)
Qualified Wages per hour col (b) – col (c)
(e)
Hours Worked
(f)
Applicable Credit Percentage
(g)
Tentative Credit
col (d) · col (e) · col (f)
1           35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
          35%  
2 Total Tentative Credit. Add the amounts in column (g). Enter total here and on Form 3554, Part II, line 20. .00

Part III – Credit Recapture

Line 27 – Credit recapture

If you are required to recapture the NEC, enter the total on one of the following California tax returns or schedules:

  • Form 100, Schedule J, line 5.
  • Form 100S, Schedule J, line 5 and Schedule K-1 (100S), line 17d.
  • Form 100W, Schedule J, line 5.
  • Form 109, Schedule K, line 4.
  • Form 540, line 63.
  • Long Form 540NR, line 73.
  • Form 541, line 37 and Schedule K-1 (541), line 14d.
  • Form 565, Schedule K, line 20c and Schedule K-1 (565), line 20c.
  • Form 568, Schedule K, line 20c and Schedule K-1 (568), line 20c.

FTB 3554
Principal Business Activity Codes

This list of principal business activities and their associated codes is designed to classify a business by the type of activity in which it is engaged to facilitate the administration of the California Revenue and Taxation Code (R&TC). For taxable years beginning on or after January 1, 1998, these principal business activity codes are based on the North American Industry Classification System published by the United States Office of Management and Budget.

Agriculture, Forestry, Fishing, and Hunting

Crop Production

Code
 
111100
Oilseed & Grain Farming
111210
Vegetable & Melon Farming (including potatoes & yams)
111300
Fruit & Tree Nut Farming
111400
Greenhouse, Nursery, & Floriculture Production
111900
Other Crop Farming (including tobacco, cotton, sugarcane, hay, peanut, sugar beet, & all other crop farming)

Animal Production

112111
Beef Cattle Ranching & Farming
112112
Cattle Feedlots
112120
Dairy Cattle & Milk Production
112210
Hog & Pig Farming
112300
Poultry & Egg Production
112400
Sheep & Goat Farming
112510
Aquaculture (including shellfish & finfish farms & hatcheries)
112900
Other Animal Production

Forestry and Logging

113110
Timber Tract Operations
113210
Forest Nurseries & Gathering of Forest Products
113310
Logging

Fishing, Hunting and Trapping

114110
Fishing
114210
Hunting & Trapping

Support Activities for Agriculture and Forestry

115110
Support Activities for Crop Production (including cotton ginning, soil preparation, planting, & cultivating)
115210
Support Activities for Animal Production
115310
Support Activities for Forestry

Mining

211120
Crude Petroleum Extraction
211130
Natural Gas Extraction
212110
Coal Mining
212200
Metal Ore Mining
212310
Stone Mining & Quarrying
212320
Sand, Gravel, Clay, & Ceramic & Refractory Mineral Mining & Quarrying
212390
Other Nonmetallic Mineral Mining & Quarrying
213110
Support Activities for Mining

Utilities

221100
Electric Power Generation, Transmission & Distribution
221210
Natural Gas Distribution
221300
Water, Sewage, & Other Systems
221500
Combination Gas and Electric

Construction

Construction of Buildings

236110
Residential Building Construction
236200
Nonresidential Building Construction

Heavy and Civil Engineering Construction

237100
Utility System Construction
237210
Land Subdivision
237310
Highway, Street, & Bridge Construction
237990
Other Heavy & Civil Engineering Construction

Specialty Trade Contractors

238100
Foundation, Structure, & Building Exterior Contractors (including framing carpentry, masonry, glass, roofing, & siding)
238210
Electrical Contractors
238220
Plumbing, Heating, & Air-Conditioning Contractors
238290
Other Building Equipment Contractors
238300
Building Finishing Contractors (including drywall, insulation, painting, wallcovering, flooring, tile, & finish carpentry)
238900
Other Specialty Trade Contractors (including site preparation)

Manufacturing

Food Manufacturing

311110
Animal Food Mfg
311200
Grain & Oilseed Milling
311300
Sugar & Confectionery Product Mfg
311400
Fruit & Vegetable Preserving & Specialty Food Mfg
311500
Dairy Product Mfg
311610
Animal Slaughtering and Processing
311710
Seafood Product Preparation & Packaging
311800
Bakeries, Tortilla & Dry Pasta Mfg
311900
Other Food Mfg (including coffee, tea, flavorings, & seasonings)

Beverage and Tobacco Product Manufacturing

312110
Soft Drink & Ice Mfg
312120
Breweries
312130
Wineries
312140
Distilleries
312200
Tobacco Manufacturing

Textile Mills and Textile Product Mills

313000
Textile Mills
314000
Textile Product Mills

Apparel Manufacturing

315100
Apparel Knitting Mills
315210
Cut & Sew Apparel Contractors
315220
Men’s & Boys’ Cut & Sew Apparel Mfg
315240
Women’s, Girls’ and Infants’ Cut and Sew Apparel Mfg
315280
Other Cut & Sew Apparel Mfg
315990
Apparel Accessories & Other Apparel Mfg

Leather and Allied Product Manufacturing

316110
Leather & Hide Tanning & Finishing
316210
Footwear Mfg (including rubber & plastics)
316990
Other Leather & Allied Product Mfg

Wood Product Manufacturing

321110
Sawmills & Wood Preservation
321210
Veneer, Plywood, & Engineered Wood Product Mfg
321900
Other Wood Product Mfg

Paper Manufacturing

322100
Pulp, Paper, & Paperboard Mills
322200
Converted Paper Product Mfg

Printing and Related Support Activities

323100
Printing & Related Support Activities

Petroleum and Coal Products Manufacturing

324110
Petroleum Refineries (including integrated)
324120
Asphalt Paving, Roofing, & Saturated Materials Mfg
324190
Other Petroleum & Coal Products Mfg

Chemical Manufacturing

325100
Basic Chemical Mfg
325200
Resin, Synthetic Rubber, & Artificial & Synthetic Fibers & Filaments Mfg
325300
Pesticide, Fertilizer, & Other Agricultural Chemical Mfg
325410
Pharmaceutical & Medicine Mfg
325500
Paint, Coating, & Adhesive Mfg
325600
Soap, Cleaning Compound, & Toilet Preparation Mfg
325900
Other Chemical Product & Preparation Mfg

Plastics and Rubber Products Manufacturing

326100
Plastics Product Mfg
326200
Rubber Product Mfg

Nonmetallic Mineral Product Manufacturing

327100
Clay Product & Refractory Mfg
327210
Glass & Glass Product Mfg
327300
Cement & Concrete Product Mfg
327400
Lime & Gypsum Product Mfg
327900
Other Nonmetallic Mineral Product Mfg

Primary Metal Manufacturing

331110
Iron & Steel Mills & Ferroalloy Mfg
331200
Steel Product Mfg from Purchased Steel
331310
Alumina & Aluminum Production & Processing
331400
Nonferrous Metal (except Aluminum) Production & Processing
331500
Foundries

Fabricated Metal Product Manufacturing

332110
Forging & Stamping
332210
Cutlery & Handtool Mfg
332300
Architectural & Structural Metals Mfg
332400
Boiler, Tank, & Shipping Container Mfg
332510
Hardware Mfg
332610
Spring & Wire Product Mfg
332700
Machine Shops; Turned Product; & Screw, Nut, & Bolt Mfg
332810
Coating, Engraving, Heat Treating, & Allied Activities
332900
Other Fabricated Metal Product Mfg

Machinery Manufacturing

333100
Agriculture, Construction, & Mining Machinery Mfg
333200
Industrial Machinery Mfg
333310
Commercial & Service Industry Machinery Mfg
333410
Ventilation, Heating, Air-Conditioning, & Commercial Refrigeration Equipment Mfg
333510
Metalworking Machinery Mfg
333610
Engine, Turbine, & Power Transmission Equipment Mfg
333900
Other General Purpose Machinery Mfg

Computer and Electronic Product Manufacturing

334110
Computer & Peripheral Equipment Mfg
334200
Communications Equipment Mfg
334310
Audio & Video Equipment Mfg
334410
Semiconductor & Other Electronic Component Mfg
334500
Navigational, Measuring, Electromedical, & Control Instruments Mfg
334610
Manufacturing & Reproducing Magnetic & Optical Media

Electrical Equipment, Appliance, and Component Manufacturing

335100
Electric Lighting Equipment Mfg
335200
Major Household Appliance Mfg
335310
Electrical Equipment Mfg
335900
Other Electrical Equipment & Component Mfg

Transportation Equipment Manufacturing

336100
Motor Vehicle Mfg
336210
Motor Vehicle Body & Trailer Mfg
336300
Motor Vehicle Parts Mfg
336410
Aerospace Product & Parts Mfg
336510
Railroad Rolling Stock Mfg
336610
Ship & Boat Building
336990
Other Transportation Equipment Mfg

Furniture and Related Product Manufacturing

337000
Furniture & Related Product Manufacturing

Miscellaneous Manufacturing

339110
Medical Equipment & Supplies Mfg
339900
Other Miscellaneous Manufacturing

Wholesale Trade

Merchant Wholesalers, Durable Goods

423100
Motor Vehicle & Motor Vehicle Parts & Supplies
423200
Furniture & Home Furnishings
423300
Lumber & Other Construction Materials
423400
Professional & Commercial Equipment & Supplies
423500
Metal & Mineral (except Petroleum)
423600
Household Appliances and Electrical and Electronic Goods
423700
Hardware, & Plumbing & Heating Equipment & Supplies
423800
Machinery, Equipment, & Supplies
423910
Sporting & Recreational Goods & Supplies
423920
Toy & Hobby Goods & Supplies
423930
Recyclable Materials
423940
Jewelry, Watch, Precious Stone, & Precious Metals
423990
Other Miscellaneous Durable Goods

Merchant Wholesalers, Nondurable Goods

424100
Paper & Paper Products
424210
Drugs & Druggists’ Sundries
424300
Apparel, Piece Goods, & Notions
424400
Grocery & Related Products
424500
Farm Product Raw Materials
424600
Chemical & Allied Products
424700
Petroleum & Petroleum Products
424800
Beer, Wine, & Distilled Alcoholic Beverages
424910
Farm Supplies
424920
Book, Periodical, & Newspapers
424930
Flower, Nursery Stock, & Florists’ Supplies
424940
Tobacco & Tobacco Products
424950
Paint, Varnish, & Supplies
424990
Other Miscellaneous Nondurable Goods

Wholesale Electronic Markets and Agents and Brokers

425110
Business to Business Electronic Markets
425120
Wholesale Trade Agents & Brokers

Retail Trade

Motor Vehicle and Parts Dealers

441110
New Car Dealers
441120
Used Car Dealers
441210
Recreational Vehicle Dealers
441222
Boat Dealers
441228
Motorcycle, ATV, and All Other Motor Vehicle Dealers
441300
Automotive Parts, Accessories, & Tire Stores

Furniture and Home Furnishings Stores

442110
Furniture Stores
442210
Floor Covering Stores
442291
Window Treatment Stores
442299
All Other Home Furnishings Stores

Electronics and Appliance Stores

443141
Household Appliance Stores
443142
Electronics Stores (including Audio, Video, Computer, and Camera Stores)

Building Material and Garden Equipment and Supplies Dealers

444110
Home Centers
444120
Paint & Wallpaper Stores
444130
Hardware Stores
444190
Other Building Material Dealers
444200
Lawn & Garden Equipment & Supplies Stores

Food and Beverage Stores

445110
Supermarkets and Other Grocery (except Convenience) Stores
445120
Convenience Stores
445210
Meat Markets
445220
Fish & Seafood Markets
445230
Fruit & Vegetable Markets
445291
Baked Goods Stores
445292
Confectionery & Nut Stores
445299
All Other Specialty Food Stores
445310
Beer, Wine, & Liquor Stores

Health and Personal Care Stores

446110
Pharmacies & Drug Stores
446120
Cosmetics, Beauty Supplies, & Perfume Stores
446130
Optical Goods Stores
446190
Other Health & Personal Care Stores

Gasoline Stations

447100
Gasoline Stations (including convenience stores with gas)

Clothing and Clothing Accessories Stores

448110
Men’s Clothing Stores
448120
Women’s Clothing Stores
448130
Children’s & Infants’ Clothing Stores
448140
Family Clothing Stores
448150
Clothing Accessories Stores
448190
Other Clothing Stores
448210
Shoe Stores
448310
Jewelry Stores
448320
Luggage & Leather Goods Stores

Sporting Goods, Hobby, Book, and Music Stores

451110
Sporting Goods Stores
451120
Hobby, Toy, & Game Stores
451130
Sewing, Needlework, & Piece Goods Stores
451140
Musical Instrument & Supplies Stores
451211
Book Stores
451212
News Dealers & Newsstands

General Merchandise Stores

452200
Department Stores
452300
General Merchandise Stores, incl. Warehouse Clubs and Supercenters

Miscellaneous Store Retailers

453110
Florists
453210
Office Supplies & Stationery Stores
453220
Gift, Novelty, & Souvenir Stores
453310
Used Merchandise Stores
453910
Pet & Pet Supplies Stores
453920
Art Dealers
453930
Manufactured (Mobile) Home Dealers
453990
All Other Miscellaneous Store Retailers (including tobacco, candle, & trophy shops)

Nonstore Retailers

454110
Electronic Shopping & Mail-Order Houses
454210
Vending Machine Operators
454310
Fuel Dealers (including Heating Oil and Liquefied Petroleum)
454390
Other Direct Selling Establishments (including door-to-door retailing, frozen food plan providers, party plan merchandisers, & coffee-break service providers)

Transportation and Warehousing

Air, Rail, and Water Transportation

481000
Air Transportation
482110
Rail Transportation
483000
Water Transportation

Truck Transportation

484110
General Freight Trucking, Local
484120
General Freight Trucking, Long-distance
484200
Specialized Freight Trucking

Transit and Ground Passenger Transportation

485110
Urban Transit Systems
485210
Interurban & Rural Bus Transportation
485310
Taxi Service
485320
Limousine Service
485410
School & Employee Bus Transportation
485510
Charter Bus Industry
485990
Other Transit & Ground Passenger Transportation

Pipeline Transportation

486000
Pipeline Transportation

Scenic & Sightseeing Transportation

487000
Scenic & Sightseeing Transportation

Support Activities for Transportation

488100
Support Activities for Air Transportation
488210
Support Activities for Rail Transportation
488300
Support Activities for Water Transportation
488410
Motor Vehicle Towing
488490
Other Support Activities for Road Transportation
488510
Freight Transportation Arrangement
488990
Other Support Activities for Transportation

Couriers and Messengers

492110
Couriers
492210
Local Messengers & Local Delivery

Warehousing and Storage

493100
Warehousing & Storage (except lessors of miniwarehouses & self- storage units)

Information

Publishing Industries (except Internet)

511110
Newspaper Publishers
511120
Periodical Publishers
511130
Book Publishers
511140
Directory & Mailing List Publishers
511190
Other Publishers
511210
Software Publishers

Motion Picture and Sound Recording Industries

512100
Motion Picture & Video Industries (except video rental)
512200
Sound Recording Industries

Broadcasting (except Internet)

515100
Radio & Television Broadcasting
515210
Cable & Other Subscription Programming

Telecommunications

517000
Telecommunications (including paging, cellular, satellite, cable & other program distribution, resellers, & other telecommunications & internet service providers)

Data Processing Services

518210
Data Processing, Hosting, & Related Services

Other Information Services

519100
Other Information Services (including news syndicates, libraries, internet publishing & broadcasting)

Finance and Insurance

Depository Credit Intermediation

522110
Commercial Banking
522120
Savings Institutions
522130
Credit Unions
522190
Other Depository Credit Intermediation

Nondepository Credit Intermediation

522210
Credit Card Issuing
522220
Sales Financing
522291
Consumer Lending
522292
Real Estate Credit (including mortgage bankers & originators)
522293
International Trade Financing
522294
Secondary Market Financing
522298
All Other Nondepository Credit Intermediation

Activities Related to Credit Intermediation

522300
Activities Related to Credit Intermediation (including loan brokers, check clearing, & money transmitting)

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

523110
Investment Banking & Securities Dealing
523120
Securities Brokerage
523130
Commodity Contracts Dealing
523140
Commodity Contracts Brokerage
523210
Securities & Commodity Exchanges
523900
Other Financial Investment Activities (including portfolio management & investment advice)

Insurance Carriers and Related Activities

524140
Direct Life, Health, & Medical Insurance Carriers
524150
Direct Insurance (except Life, Health, & Medical) Carriers
524210
Insurance Agencies & Brokerages
524290
Other Insurance Related Activities (including third-party administration of insurance and pension funds)

Funds, Trusts, and Other Financial Vehicles

525100
Insurance & Employee Benefit Funds
525910
Open-End Investment Funds (Form 1120-RIC)
525920
Trusts, Estates, & Agency Accounts
525990
Other Financial Vehicles (including mortgage REITS & closed-end investment funds)

“Offices of Bank Holding Companies” and “Offices of Other Holding Companies” are located under Management of Companies (Holding Companies) on next page.

Real Estate and Rental and Leasing

Real Estate

531110
Lessors of Residential Buildings & Dwellings (including equity REITs)
531120
Lessors of Nonresidential Buildings (except Miniwarehouses) (including equity REITs)
531130
Lessors of Miniwarehouses & Self-Storage Units (including equity REITs)
531190
Lessors of Other Real Estate Property (including equity REITs)
531210
Offices of Real Estate Agents & Brokers
531310
Real Estate Property Managers
531320
Offices of Real Estate Appraisers
531390
Other Activities Related to Real Estate

Rental and Leasing Services

532100
Automotive Equipment Rental & Leasing
532210
Consumer Electronics & Appliances Rental
532281
Formal Wear & Costume Rental
532282
Video Tape & Disc Rental
532283
Home Health Equipment Rental
532284
Recreational Goods Rental
532289
All Other Consumer Goods Rental
532310
General Rental Centers
532400
Commercial & Industrial Machinery & Equipment Rental & Leasing

Lessors of Nonfinancial Intangible Assets (except copyrighted works)

533110
Lessors of Nonfinancial Intangible Assets (except copyrighted works)

Professional, Scientific, and Technical Services

Legal Services

541110
Offices of Lawyers
541190
Other Legal Services

Accounting, Tax Preparation, Bookkeeping, and Payroll Services

541211
Offices of Certified Public Accountants
541213
Tax Preparation Services
541214
Payroll Services
541219
Other Accounting Services

Architectural, Engineering, and Related Services

541310
Architectural Services
541320
Landscape Architecture Services
541330
Engineering Services
541340
Drafting Services
541350
Building Inspection Services
541360
Geophysical Surveying & Mapping Services
541370
Surveying & Mapping (except Geophysical) Services
541380
Testing Laboratories

Specialized Design Services

541400
Specialized Design Services (including interior, industrial, graphic, & fashion design)

Computer Systems Design and Related Services

541511
Custom Computer Programming Services
541512
Computer Systems Design Services
541513
Computer Facilities Management Services
541519
Other Computer Related Services

Other Professional, Scientific, and Technical Services

541600
Management, Scientific, & Technical Consulting Services
541700
Scientific Research & Development Services
541800
Advertising & Related Services
541910
Marketing Research & Public Opinion Polling
541920
Photographic Services
541930
Translation & Interpretation Services
541940
Veterinary Services
541990
All Other Professional, Scientific, & Technical Services

Management of Companies (Holding Companies)

551111
Offices of Bank Holding Companies
551112
Offices of Other Holding Companies

Administrative and Support and Waste Management and Remediation Services

Administrative and Support Services

561110
Office Administrative Services
561210
Facilities Support Services
561300
Employment Services
561410
Document Preparation Services
561420
Telephone Call Centers
561430
Business Service Centers (including private mail centers & copy shops)
561440
Collection Agencies
561450
Credit Bureaus
561490
Other Business Support Services (including repossession services, court reporting, & stenotype services)
561500
Travel Arrangement & Reservation Services
561600
Investigation & Security Services
561710
Exterminating & Pest Control Services
561720
Janitorial Services
561730
Landscaping Services
561740
Carpet & Upholstery Cleaning Services
561790
Other Services to Buildings & Dwellings
561900
Other Support Services (including packaging & labeling services, & convention & trade show organizers)

Waste Management and Remediation Services

562000
Waste Management & Remediation Services

Educational Services

611000
Educational Services (including schools, colleges, & universities)

Health Care and Social Assistance

Offices of Physicians and Dentists

621111
Offices of Physicians (except mental health specialists)
621112
Offices of Physicians, Mental Health Specialists
621210
Offices of Dentists

Offices of Other Health Practitioners

621310
Offices of Chiropractors
621320
Offices of Optometrists
621330
Offices of Mental Health Practitioners (except Physicians)
621340
Offices of Physical, Occupational & Speech Therapists, & Audiologists
621391
Offices of Podiatrists
621399
Offices of All Other Miscellaneous Health Practitioners

Outpatient Care Centers

621410
Family Planning Centers
621420
Outpatient Mental Health & Substance Abuse Centers
621491
HMO Medical Centers
621492
Kidney Dialysis Centers
621493
Freestanding Ambulatory Surgical & Emergency Centers
621498
All Other Outpatient Care Centers

Medical and Diagnostic Laboratories

621510
Medical & Diagnostic Laboratories

Home Health Care Services

621610
Home Health Care Services

Other Ambulatory Health Care Services

621900
Other Ambulatory Health Care Services (including ambulance services & blood & organ banks)

Hospitals

622000
Hospitals

Nursing and Residential Care Facilities

623000
Nursing & Residential Care Facilities

Social Assistance

624100
Individual & Family Services
624200
Community Food & Housing, & Emergency & Other Relief Services
624310
Vocational Rehabilitation Services
624410
Child Day Care Services

Arts, Entertainment, and Recreation

Performing Arts, Spectator Sports, and Related Industries

711100
Performing Arts Companies
711210
Spectator Sports (including sports clubs & racetracks)
711300
Promoters of Performing Arts, Sports, & Similar Events
711410
Agents & Managers for Artists, Athletes, Entertainers, & Other Public Figures
711510
Independent Artists, Writers, & Performers

Museums, Historical Sites, and Similar Institutions

712100
Museums, Historical Sites, & Similar Institutions

Amusement, Gambling, and Recreation Industries

713100
Amusement Parks & Arcades
713200
Gambling Industries
713900
Other Amusement & Recreation Industries (including golf courses, skiing facilities, marinas, fitness centers, & bowling centers)

Accommodation and Food Services

Accommodation

721110
Hotels (except Casino Hotels) & Motels
721120
Casino Hotels
721191
Bed & Breakfast Inns
721199
All Other Traveler Accommodation
721210
RV (Recreational Vehicle) Parks & Recreational Camps
721310
Rooming & Boarding Houses Dormitories, & Workers’ Camps

Food Services and Drinking Places

722300
Special Food Services (including food service contractors & caterers)
722410
Drinking Places (Alcoholic Beverages)
722511
Full Service Restaurants
722513
Limited Service Restaurants
722514
Cafeterias and Buffets
722515
Snack and Non-alcoholic Beverage Bars

Other Services

Repair and Maintenance

811110
Automotive Mechanical & Electrical Repair & Maintenance
811120
Automotive Body, Paint, Interior, & Glass Repair
811190
Other Automotive Repair & Maintenance (including oil change & lubrication shops & car washes)
811210
Electronic & Precision Equipment Repair & Maintenance
811310
Commercial & Industrial Machinery & Equipment (except Automotive & Electronic) Repair & Maintenance
811410
Home & Garden Equipment & Appliance Repair & Maintenance
811420
Reupholstery & Furniture Repair
811430
Footwear & Leather Goods Repair
811490
Other Personal & Household Goods Repair & Maintenance

Personal and Laundry Services

812111
Barber Shops
812112
Beauty Salons
812113
Nail Salons
812190
Other Personal Care Services (including diet & weight reducing centers)
812210
Funeral Homes & Funeral Services
812220
Cemeteries & Crematories
812310
Coin-Operated Laundries & Drycleaners
812320
Drycleaning & Laundry Services (except Coin-Operated)
812330
Linen & Uniform Supply
812910
Pet Care (except Veterinary) Services
812920
Photofinishing
812930
Parking Lots & Garages
812990
All Other Personal Services

Religious, Grantmaking, Civic, Professional, and Similar Organizations

813000
Religious, Grantmaking, Civic, Professional, & Similar Organizations (including condominium and homeowners associations)