01/30/2026
New 1099-NEC rules for 2026:
The threshold for providing 1099-NECs is increasing from $600 to $2,000.
For the 2025 tax year, you'll still need to provide 1099s to qualifying individuals to whom you paid $600 or more. The deadline for filing 1099s is Jan 31.
Collecting a W9 before issuing payment eases 1099 filing frustration.