2026-02817Notice

IRS Asks: How Burdensome Is Your 1099-MISC Form?

Published Date: 2/12/2026

Notice

Summary

The IRS wants your thoughts on how much work it takes to fill out Form 1099-MISC, which businesses use to report payments. They’re checking if the form is clear and not too much trouble, aiming to keep things simple and fair. If you have ideas or concerns, send them by April 13, 2026—this helps save time and money for everyone involved!

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Who must file Form 1099‑MISC

If you make certain payments, you must file Form 1099‑MISC. You must report payments of $600 or more for rents, prizes and awards, medical and health care payments, nonemployee compensation, and crop insurance proceeds; report $10 or more of royalties; report any amount of fishing boat proceeds; and report direct sales of $5,000 or more.

Paperwork burden for 1099‑MISC falls

The IRS estimates changes made to comply with Public Law 119‑21 will reduce the paperwork burden for Form 1099‑MISC by 69,348 hours. The notice lists an estimated 43,763,450 respondents, an estimated time per respondent of 28 minutes, an estimated total annual burden of 20,568,822 hours, and says updated estimates reduce annual responses by 6,573,550. Comments are requested by April 13, 2026.

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Key Dates

Published Date
Comments Due
2/12/2026
4/13/2026

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Internal Revenue Service
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