California Nonresident Independent Contractor Withholding

State:
California
Control #:
CA-P052-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package contains essential legal documents for Renovation Contractors, Owners, Suppliers or Subcontractors to use to assert their legal rights or claims and to address important legal issues regarding particular renovation project on residential property. The heart of this package is the renovation contract that complies with state law.


This package contains the following forms:


1. A Renovation Contract - Cost Plus or Fixed Fee


2. A Construction Project Information Sheet


3. A Change Order Sheet


4. A Certificate of Completion


5. A Weekly Equipment Summary


6. A Time and Material Log


7. A Bid Log


8. A Bid Follow Up Letter


9. A Summary of Estimate


10. A Schedule Sheet


11. A Job Progress Sheet


12. A Final Project Punch List


13. A Worker Safety and Health Plan, and


14. An Accident Report Form.


Purchase this package and more than 50% over purchasing the forms separately!

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How to fill out California Renovation Contractor Package?

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FAQ

Non-wage payments to nonresidents of California are subject to 7% state income tax withholding if the total payments during a calendar year exceed $1,500. California nonresidents include: Individuals who are not residents of California.

Form 590 is certified (completed and signed) by the payee. California residents or entities exempt from the withholding requirement should complete Form 590 and submit it to the withholding agent before payment is made.

A. Purpose. Use Form 587, Nonresident Withholding Allocation Worksheet, to determine if withholding is required and the amount of California source income subject to withholding. Withholding is not required if payees are residents or have a permanent place of business in California.

Send Form 592-V with a check or money order when you submit the nonresident or backup withholding amount on California source payments to us....Send us a timely Form 592-F, either electronically or by mail.List all payees withheld upon during the filing period.FTB credits the withholding to the payees' accounts.

Nonresident income types Your payer must withhold 7% from your CA source income that exceeds $1,500 in a calendar year. Trust distributions. Partnership and LLC distributions.

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California Nonresident Independent Contractor Withholding