The 1099 Threshold Is $2,000 for 2026 — What Changed

For payments made in calendar 2025 and earlier, the 1099-NEC and 1099-MISC boxes 1, 3 and 6 threshold was $600. For payments made from 2026, it's $2,000, and from 2027 it's adjusted for inflation (IRS instructions). Royalties (MISC box 2) stay at $10. Gross proceeds paid to an attorney (MISC box 10) stay at $600.

Example

A designer was paid $1,500 by ACH, $700 by credit card and $400 by check. Total paid $2,600.00; $700.00 by card is reported on 1099-K by the card company, leaving $1,900.00 reportable. For 2025 payments that's over $600, so a 1099-NEC is due. For 2026 payments it's below $2,000, so no 1099-NEC is required (Ninesift still lists the payee as near the threshold).

Last reviewed 2026-10-28. General information, not tax advice. The IRS instructions for Forms 1099-MISC and 1099-NEC and your tax adviser decide what applies.