After years of confusion, the 1099-K reporting threshold is back to

its original level: a payment app or marketplace only issues one if

you exceed $20,000 AND 200 transactions in a year. The planned $600

trigger is dead. Separately, the 1099-NEC and 1099-MISC threshold

rises from $600 to $2,000 starting with 2026 payments. One thing

hasn't changed: all business income is taxable whether or not a form

shows up. Fewer forms mean cleaner books matter more — reconcile your

payment platforms and keep personal and business transactions clearly

separated.

Cleaner Books, Quieter Tax Season

Fewer forms means your records matter more. Highline

reconciles your payment platforms and keeps business and

personal clearly separated — so nothing surprises you in

April.