1099 Reporting

The $600 Rule Is Dead graphic with a 1099 form showing $2,000, explaining the new 1099 threshold for small businesses

The $600 Rule Is Dead. Here's What the New 1099 Threshold Means for Your Business.

The 1099 reporting threshold jumped from $600 to $2,000 for 2026. Here's what changed for 1099-NEC and 1099-MISC, what stayed the same, and why you should still collect W-9s from every vendor.

Paul Belshaw

Jul 24 min read