What's New for Tax Year 2026
Reporting thresholds and key dates for 2026 payments filed in 2027.
These updates apply to payments made in 2026 and forms filed in 2027.
Federal reporting threshold
For tax year 2026, the federal threshold for 1099-NEC compensation and 1099-MISC Box 6 healthcare payments is generally $2,000 or more. The previous $600 threshold applies to tax year 2025. Other MISC boxes and state reporting rules can have different thresholds. See the IRS instructions.
Generate forms starting January 4
Generation opens on Monday, January 4, 2027. Submission opens January 17. We recommend filing by January 20; the final Wingspan submission date is January 25, 2027. See the tax-year 2026 checklist for operating dates and separate IRS deadlines.
Choose NEC or MISC Box 6
Each Wingspan payer user can file one form type for the tax year. NEC and MISC cannot coexist under the same user. We support MISC Box 6: Medical and health care payments. For other supported MISC boxes, contact your account manager.
The MISC healthcare guide explains the corporate-recipient exception and relevant exclusions. Review your filing settings before generating forms.
Updated 2 days ago