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On-demand Webinar:

OBBBA Reality Check: What the $2,000 Threshold Actually Changed for Federal and State

  • Identify exactly which forms and 1099-MISC boxes the $2,000 threshold covers.
  • Separate what OBBBA changed federally from what stayed the same.
  • Correct common federal misconceptions: timing, 1099-K, backup withholding, W-9s.
  • Correct common state misconceptions: nonconformity, CF/SF gaps, remaining obligations.
  • Determine whether a specific payment still requires federal or state filing.
  • Anticipate where federal and state rules remain in flux.

Webinar Date:

July 08, 2026

    Speakers:

    Jeffery Cronin

    (Chief Strategy Officer, Zenwork)

    Patrick Nagle

    (VP Compliance & Government Affairs, Zenwork)

    Description:

    The One Big Beautiful Bill Act raised the 1099 reporting threshold from $600 to $2,000 and triggered a wave of misconceptions on both the federal and state sides.

    Many filers assume it applies to every 1099, takes effect immediately, or means low-dollar payments no longer matter. None of that is quite right: it isn’t every form or every state, and what was true last year may not carry over to 2027.

    Watch the webinar to separate facts from fiction. Going box by box, we’ll cover what OBBBA actually changed federally and what stayed exactly the same. Then turn to the state layer, where conformity is inconsistent; CF/SF doesn’t cover what people think, and obligations quietly remain.