Michael PlaksPoster
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1099 threshold clarification: still $600 for 2025 calendar year
Folks, apparently there is a widespread confusion.
Forms 1099 for the calendar year 2025, those that are due Monday, February 2nd of 2026 - those still have the old $600 threshold.
Yes, the Big Beautiful Bill did increase the threshold to $2,000 but it goes into effect for payments made in 2026 and after, not for 2025!
For more details on 1099 requirements, read:
https://www.biggerpockets.com/forums/51/topics/1167632-expla...