1099 Minimum Amount …

1099 Minimum Amount 2025. For most types of income, the minimum amount that necessitates a 1099 report is $600. Taxpayers who recorded more than $2,500 in business transactions in calendar year 2025.

1099 reporting is due as early as january 31, 2025. Calendar years 2024 and 2025 will be regarded as the final transition period for purposes of irs enforcement and administration of the minimum reporting threshold for form.