Nev. Admin. Code § 363A.510 — 363A.510

NAC 363A.510    Employer required to provide verification of matching
contribution with quarterly return; submission of list of all matching
contributions made on behalf of employees. ( NRS 363A.070 , 363A.137 )    An
employer who, pursuant to NRS
363A.137 , claims a credit against the excise tax imposed on the employer by
NRS 363A.130 must include with
the quarterly return filed by the employer pursuant to paragraph (a) of
subsection 3 of NRS 363A.130 :
1.  Verification of a matching contribution
made by the employer:
(a) To the savings trust account of an employee of
the employer in the Nevada College Savings Trust Fund created by NRS 353B.340 ; or
(b) To the Nevada Higher Education Prepaid Trust
Fund created by NRS 353B.140 to
match a contribution made by an employee of the employer on behalf of a
qualified beneficiary on whose behalf a prepaid tuition contract is drawn; and
2.  A list of all matching contributions made
on a form prescribed by the Department. The list must include, without
limitation:
(a) The name and taxpayer identification number of
the employer;
(b) The name of each employee for whom the matching
contribution was made;
(c) The amount of each matching contribution; and
(d) The total amount of matching contributions made
for each employee during the immediately preceding calendar year.
(Added to NAC by Tax Comm’n by R137-16, eff. 1-27-2017)