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How to Identify Independent Contractors and 1099-NEC Recipients in Your Vendor Master File

May 15, 2026
May 20, 2026

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Q. I am looking for an easy way to identify all of the vendors in my master file that are independent contractors. Are all vendors that are 1099-NEC considered an independent contractor? Or is it possible to receive a 1099-NEC and not be an independent contractor? A.  (Answered by IOFM's third-party tax and vendor master file experts) Response from Jason Dinesen: Yes, anyone receiving a 1099-NEC is an independent contractor. Because nothing is ever easy, we do need to add: not all contractors…

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