The symbol indicates that this is a Revenue Share question. You can earn money for charity by answering it now! This month we are donating Revenue Share Answer Revenues to the American Red Cross.
  1. Become an Experts123 Paid Contributor.
  2. Answer this question accurately and thoroughly.
  3. Earn revenue while your answer is ranked #1!
×
Q:

I am an Option 1 subcontractor and have been hired by the general contractor to complete part of a construction project. Do I need to collect tax on any of my charges to the general contractor?

1
Like
Answer
Comment
Flag
Thanks for your feedback!
A:

1 Answer

rank
1
1
Like
Comment
Flag
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.  more
revenue.state.ne.us
1 more source
Hide

Related Videos

Add your answer...

Top Related Experts

1.

Top Answerers

1.
vanity fair
12 Answers in the past week
2.
andrew micky
7 Answers in the past week
3.
purple lavender
5 Answers in the past week

Top Askers

1.
Deitty smith
2 Questions in the past week
2.
Frank Bridgland
1 Question in the past week
3.
Ikenna Gabriel Ifenna
1 Question in the past week

Top Supporters

1.
Tom Wagner
9 Likes given in the past week
2.
Rachel Kellen Gill
3 Likes given in the past week
3.
Mihai Cosmin-Constantin
2 Likes given in the past week
...