1099 Threshold Check

The number changed, and most people still have the old one

For payments made on or after 1 January 2026 the Form 1099-NEC threshold is $2,000. It had been $600 since 1954, so every spreadsheet, every checklist and most people's memory now say the wrong thing. From 2027 the IRS adjusts the figure for inflation every year.

This totals what you actually paid each vendor in a calendar year and tells you who crossed that year's line.

Twelve payees checked against the 2026 threshold: eight crossed it, four did not.

Paid, not billed

A 1099 reports what left your bank in the calendar year. A December bill settled in January belongs to the following year, so this counts posted vendor payments rather than vendor bills - totalling bills would put a chunk of your payees in the wrong year.

It will not guess a year

Because the figure is indexed to inflation from 2027, a year the app has not been given a threshold for produces an error, not a silent fallback to last year's number. A confident wrong answer about a filing obligation is worse than no answer.