What should I include or exclude from “Sales, Shipments, Receipts, or Revenue” (Item 4)?
For receipts, billings or sales of construction work (Item 4A), INCLUDE: • Work on new construction, additions, alterations, reconstruction, maintenance, repairs and service work • Receipts or billings for construction work under any type of contract- general, special trade, design build, construction, management, engineer-construct, turnkey, etc. • Cost of labor materials, overhead, and profit. • Sales of houses and other buildings you built which were sold during 2002. EXCLUDE: • The purchase cost or estimated value of raw land from the value of construction work. For receipts for all other business activities done by this establishment (Item 4B), INCLUDE: • All other receipts for all other business activities done by this establishment in 2002. EXCLUDE: • Non-operating income such as interest, dividends, or the sale of fixed assets.
