Form 1099-MISC Changes for 2026: Boxes 13a, 13b, 14 | HelloBooks The December 2026 Form 1099-MISC adds box 13a cash tips, 13b tipped occupation codes and box 14 overtime. Golden parachutes already moved to the NEC.
Form 1099-MISC gets its own versions of the new tip and overtime boxes for 2026, tied to amounts in box 3. For most of your clients the bigger change is still the threshold.
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Threshold for most 2026 payments
$2,000
Applies: 2026 payments, filed in early 2027From IRS.gov · checked October 10, 2026
Since the April 2025 revision, excess golden parachute payments are no longer reported on Form 1099-MISC. They go on Form 1099-NEC, box 3. Check that client templates do not still put them on the MISC.
Some 1099-MISC boxes keep their own thresholds, so check the instructions box by box rather than applying $2,000 everywhere. In HelloBooks, each vendor payment is tracked per payee and the federal and state 1099-MISC files are prepared in Combined Federal/State Filing format for you or your filing agent to submit.
The plain-English summary for business owners
Form 1099-NEC · 2026 payments
Information returns · payments from 2026
Form 1099-K · 2026
General information for tax professionals, not advice on a specific return. Figures are from IRS.gov on the date shown; check the current IRS instructions before filing.
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