JohnDS
Senior Member
- Location
- Suffolk, Long Island
- Occupation
- Electrician
Hello, I was hoping someone with experience in New York State can maybe help clear things up as NYS website is kind of confusing and seems contradicting on this subject.:slaphead:
I am doing a project for a homeowner. It is a studio apartment all new construction because it previously went up in flames. It is listed through the town as a commercial residence but it is a wood structure, all 2x4s. My electrical inspector said I can install in Romex even though it is listed as commercial, because it is a wood structure.
When it comes to charging nys sales tax to customers, in the past I just added sales tax of total bill not realizing that projects like this were considered a capital improvement.
1)So what is the correct way to do this and what form do I have the customer fill out?
2)Do I just charge sales tax on material and labor, material only, or nothing at all?
3) If you need to charge sales tax on material and/or labor only, isn't that showing the customer a little too much as far as how much you are profiting off job?
4) I am an honest contractor, but if you were the customer, wouldn't you be wondering if the contractor is really telling you the correct amount he spent on material/labor?
Thanks guys.
I am doing a project for a homeowner. It is a studio apartment all new construction because it previously went up in flames. It is listed through the town as a commercial residence but it is a wood structure, all 2x4s. My electrical inspector said I can install in Romex even though it is listed as commercial, because it is a wood structure.
When it comes to charging nys sales tax to customers, in the past I just added sales tax of total bill not realizing that projects like this were considered a capital improvement.
1)So what is the correct way to do this and what form do I have the customer fill out?
2)Do I just charge sales tax on material and labor, material only, or nothing at all?
3) If you need to charge sales tax on material and/or labor only, isn't that showing the customer a little too much as far as how much you are profiting off job?
4) I am an honest contractor, but if you were the customer, wouldn't you be wondering if the contractor is really telling you the correct amount he spent on material/labor?
Thanks guys.
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