OBBBA's New 1099 Filing Rules Article

Big Changes to 1099 Filing Rules! Starting in 2026, the 1099-NEC threshold jumps from $600 to $2,000, reducing paperwork for businesses. Meanwhile, platforms like PayPal only need to file 1099-Ks if users earn over $20K and have 200+ transactions. Some states still require lower thresholds—stay compliant!

Source: bradfordtaxinstitute.com/Content/OBBBA-New-1099-Filing-Rules.aspx

For any questions and clarifications, please feel free to contact us through the given details below.