1099 Threshold & Penalty Check 2026 (US)

Checks whether a US contractor payment needs a 1099 for 2026: form, state threshold, deadline, penalty. Free; .csv export is paid.

1099 Threshold & Penalty Check 2026 (US) The $600 answer is wrong for tax year 2026 - and four states never moved off their own numbers. Install (no store account needed) 1. Unzip this folder somewhere permanent. 2. Open chrome://extensions and turn on Developer mode (top right). 3. Click Load unpacked and pick the unzipped folder. 4. Pin the icon and click it. Works in Chrome, Edge, Brave and any Chromium browser (Manifest V3). What it does - The $2,000 switch, by tax year — The One Big Beautiful Bill Act raised the 1099-NEC and most 1099-MISC reporting thresholds from $600 to $2,000 for payments made on or after 1 January 2026. $600 was correct through tax year 2025, which is why almost every answer online is now a year out of date. - The states that did not move — Federal relief did not release the states. Mississippi and Wisconsin still require filing at $600, Missouri at $1,200, and Arkansas at $2,500 when no state tax was withheld. The tool flags the case that costs money: under the federal threshold but over your state's. - The payment-app double-report trap — If you paid by credit card, PayPal or a payment app, the processor reports it on Form 1099-K. Sending a 1099-NEC as well double-reports your contractor's income and puts a notice on their return. - Deadlines with the weekend shift applied — 31 January 2027 is a Sunday, so tax-year-2026 forms are due Monday 1 February 2027. 1099-MISC paper and e-file dates are shown separately, because they are not the same day. - What the miss costs, per form and in total — Applies the tiers for returns filed in 2026 - $60 within 30 days, $130 through 1 August, $340 after that, $680 for intentional disregard with no annual cap - to the number of returns you file, and flags the ten-return e-file mandate. - The 24% you must hold back without a W-9 — With no signed W-9 carrying a valid TIN you are required to withhold 24% of a reportable payment and remit it. If you paid it out gross instead, the 24% becomes your liability. The tool puts a dollar figure on it. The numbers it works out | You type | | |---|---| | Tax year of the payment | default 2026 | | What the payment was for | default services | | Who you paid | default individual_llc | | Total paid to them this year | default 900 | | How you paid | default check_cash_ach | | State filing rule that applies to you | default still_600 | | Signed W-9 with a valid TIN on file | default True | | Information returns you will file this year, all types | default 12 | | How late is it | default on_time | | It answers | | |---|---| | Do you file? | | | Form and box | | | Federal threshold | | | State check | | | Copy to the contractor by | | | Copy to the IRS by | | | E-file mandate | | | Backup withholding (24%) | | | Penalty exposure | | _Permissions requested: storage, downloads_ Full version Free: the calculation in the popup, no key, no limit. Full version ($60): download the result as .csv - one licence key per person or team seat. Get it: https://buy.polar.sh/polar_cl_DNb4G08AGRvrwutWEHiLgs3JdDP9ZPDeRMGE40iTzWT