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T4A-NR slips. Use the T4A-NR slip to report all amounts you paid to non-resident individuals, partnerships, and corporations for services they performed in Canada that they did not perform in the ordinary course of an office or employment.
As an independent contractor, you're the boss of your own taxes. This means there's no employer to withhold taxes for you. The T2125 form. You'll want to become good friends with the T2125 tax form: It's the form you'll use to report your business income and expenses.
A T1204 slip identifies the total contract payments a federal department or agency, or Crown corporation, made during a calendar year for services and/or payments for products, expenses, or reimbursements. You can get a Form T1204 in a PDF or PDF fillable/saveable format to file on paper.
Use the IRS Form 1099-INT. The amount in the NR4 form is in Canadian dollars, so convert it to U.S. dollars before you enter it in your U.S. tax return. To find the 1099-INT form in TurboTax, type the name of the form in the Search field and then select the 1099-INT link.
If, instead, a salary is paid, the owner receives a T4 and pays CPP and EI taxes through wage withholdings. In contrast, Corporation shareholders do not pay self-employment taxes on distributions to owners, but each owner who works as an employee must be paid a reasonable salary before profits are paid.