Form 1099-NEC in 2026: New $2,000 Threshold
Form 1099-NEC is the IRS form businesses use to report payments of $2,000 or more to independent contractors and other nonemployees. The threshold rose from $600 to $2,000 for payments made in 2026, under the One Big Beautiful Bill Act. You must send forms for 2026 payments to both the…








