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1099 Reporting for Company Car Use by Independent Contractors
October 1, 2026
Q. If a non-employee uses a company vehicle, is this 1099 reportable as compensation? If so, what are the reporting requirements?
A.
(Answered by IOFM's third-party tax expert)
A vehicle provided to a non-employee is treated in the same way as vehicles provided to employees. See IRS Publication 15-B, page 24 (2026 version of the publication). You usually can exclude the business mileage driven on the vehicle, but personal use must be valued and included as income. Publication 15-B lays out how…
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