Increased Threshold for Reporting Certain 1099 Payments

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Financial, Tax

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Attorney, Executive Director, Finance Director, Finance Staff

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2026

The One Big Beautiful Bill Act increased the threshold for reporting certain payments made by a CAA to non-employees under the tax code. Starting January 1, 2026, CAAs are only required to issue a Form 1099-NEC or Form 1099-MISC to a single payee if the total payments in a calendar year to that payee are $2,000 or more. CAAs should continue to consult a tax attorney familiar with their particular circumstances for complete information about how to comply with the tax code, including when to request a W-9 and how to complete 1099 withholding and reporting.

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