Form Nj-550 - Monthly Return Of Withholding From Unregistered Unincorporated Contractors Page 2
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2Effective January 1, 2007, entities making payments to unregistered unincorporated contractors for work performed in New Jersey
are required to deduct and withhold tax from that compensation from any contractor who does not provide proof of registration (a
Business Registration Certificate, Form BRC) from the New Jersey Division of Revenue.
The BRC may be obtained by the contractor by going online at: https://www1.state.nj.us/TYTR_BRC/jsp/BRCLoginJsp.jsp
Unregistered unincorporated contractors with no business tax or employer obligations may register using Form NJ-REG-A instead of
Form NJ-REG in order to obtain the Business Registration Certificate with the New Jersey Division of Revenue by going online at:
Individuals who have created and are operating as a business entity (e.g. LLC) and wish to register and obtain a Business
Registration Certificate, may not use Form REG-A. They may submit Form NJ-REG online:
https:// to register in order to obtain a Business
Registration Certificate.
NJ-550 Filing and Payment
Filing and payment of amount withheld is required for each calendar month, in which payment is being made to unincorporated
contractors not providing proof of registration described above. Form NJ-550 and associated payment, are due on or before the 15th
day of the month following the close of the calendar month in which the payment was made.
General Instructions
Withholding Month/Year: Enter reporting month and year of any and all withholdings from payments to unregistered,
unincorporated contractors. Example “02/2007” for reporting withholdings made during Feburary 2007.
NJ Taxpayer ID: Enter your NJ Taxpayer Identification Number.
Taxpayer Name: Enter your taxpayer name.
Trade Name: Enter your trade name.
Mailing Name: Enter your mailing name.
Mailing Address: Enter your mailing street address.
Mailing City, State, Zip: Enter your mailing city, state, and zip code.
Instructions for Completing Schedule A - Summary of Unregistered Unincorporated Contractors Subject to Withholding
This section must be completed prior to NJ-550 return completion. Report the Social Security Number or FEIN, Contractor Name,
Gross Amount Paid and Amount Withheld (7% required) for each unregistered unincorporated contractor paid during the reporting
month. Summarize Gross Amount Paid (before withholding) Amounts and Amounts Withheld. Then complete Lines 1-3 of the
NJ-550.
Line Item Instructions
1. Number of Unregistered Unincorporated Contractors Reported: Enter the number of Unincorporated Contractors to whom
payments were made during the monthly period which is being reported on this Monthly Return of Withholding from Unregistered
Unincorporated Contractors.
2. Gross Amount Paid Subject to Withholding: Enter the gross total amounts paid to unincorporated contractors from Line 1.
3. Total Amount Withheld: Multiply the Gross Amount Paid Subject to Withholding (from Line 2) by .07. Place the resulting
amount on Line 3 of this return.
Year End Requirements
Copies of 1099-MISC from payments made to unregistered unincorporated contractors, reporting the New Jersey Gross Income Tax
Withheld in Box 16, State Tax Withheld, together with Schedule NJ-W-3-UNC, a reconciliation of income tax withheld, must be mailed
to:
State of NJ - Gross income Tax
PO Box 629
Trenton, NJ 08646-0629
in February of the year following the reporting year.
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