1099 vendor
A US contractor you must report on Form 1099-NEC if you paid them $600 or more in a calendar year by cash, check or bank transfer.
In Solo Superstars
Flag the vendor as 1099 on their card. The Tax filing page totals what you paid them; card payments are excluded because the card processor reports those on 1099-K.
Example
A freelance designer paid 1,500 by transfer and 400 by card: 1,500 counts toward the 600 threshold; the 400 does not.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- contractor
- 1099 contractor
Related
- Form 1099-NEC — The form you file for each US contractor you paid $600 or more by cash, check or bank transfer during the calendar year. Card payments are excluded.
- 6030 Contractors — Payments to independent contractors. The account the 1099 report watches.
- Vendor — Someone you buy from. Vendors and customers share one contact list; a contact can be both.
- Tax Watch — Alison’s book-based tax warnings: a 1099 threshold crossed, sales tax collected in a state you have not set up, a quarterly date approaching.