Nebraska Subcontractors Form

State:
Nebraska
Control #:
NE-P081-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package contains essential documents for Subcontractors to use to manage their construction project and protect their legal rights. The heart of this package is the subcontractor's agreement that complies with state law.



This package contains the following forms:

1. Nebraska Construction 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 Final Project Punch List

11. A Worker Safety and Health Plan

12. An Accident Report Form



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FAQ

The company should report all payments made to the subcontractor for the calendar year on a T4A slip. On the other hand, as previously noted, if the driver is considered an employee, the company is responsible for remitting all payroll taxes and income tax withholdings on their earnings and possibly WSIB obligations.

Form 1099-MISC is an information return, providing both the contractor or subcontractor and the IRS with taxable income information. Complete Form 1099-MISC with the name, address and tax identification number copied from the IRS Form W-9 for accuracy.

Yes. You are required to collect sales tax on the total amount charged for the building materials. The charge for your contractor labor is not taxable, provided it is separately stated.

Option 3 contractors are consumers of all manufacturing machinery and equipment purchased and annexed by them. Option 3 contractors must pay tax on purchases of machinery and equipment even if the machinery and equipment will be used by a manufacturer.

A contractor who elects Option 1 is a retailer of building materials and fixtures purchased and annexed to real estate.

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Report only independent contractors that you contract with on or after January 1, 2010. To complete your taxes, you'll need to gather all your forms and use them to complete certain forms on your return.You will also complete and furnish Form ST-203 to your vendors for the parts and anysubcontract labor necessary for this repair contract.

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Nebraska Subcontractors Form