1099 Forms › Form 1099-K Changes for the 2026 Tax Year
Final FIRE Submission Deadline: November 19, 2026, at 3 p.m. ET
FIRE test submissions end November 1, and existing FIRE TCC applications become read-only after November 9. Beginning January 1, 2027, IRIS is the only IRS intake system for these returns.
IRIS Migration GuideAt a Glance
For the 2026 tax year, the IRS is adding two new boxes to Form 1099-K: box 1c (Cash Tips) and box 1d (Treasury Tipped Occupation Codes). They join the existing box 1a (gross amount of payment card/third party network transactions) and box 1b (card not present transactions). The box 1c amount is a breakout of tips already included in the box 1a gross amount.
IRS Updates: Explaining Form 1099-K Changes for Processing Year 2027
The IRS recommends e-filing Form 1099 for quicker processing. Get started with an IRS-authorized provider that supports e-filing 1099 Forms with Federal and State agencies. BoomTax will distribute your form copies via Postal Mail and Online Access.
For the 2026 tax year, Form 1099-K gains two new boxes that break out tip amounts from the gross transaction total. Payment settlement entities and third-party settlement organizations completing the form for 2026 payments will need the payee's tip totals and tipped occupation codes.
New Box 1c: Cash Tips
Box 1c reports the total amount of cash tips included in box 1a. Box 1c is a breakout, not a separate payment category: the tip amounts remain part of the box 1a gross amount, and box 1c identifies how much of that total was cash tips.
New Box 1d: Treasury Tipped Occupation Code(s) (TTOC)
Box 1d reports the Treasury Tipped Occupation Code(s) for the payee's tipped occupation(s). The rules for completing it:
- Enter up to two codes based on the occupation(s) the tips were received in.
- If tips were received in more than two occupations, include the TTOC for any two of the three or more occupations in which tips were received.
- If any tips were received in a nonqualifying occupation, then “000” must be input as one of the occupation codes.
- See IRS.gov/TippedOccupations for the applicable codes.
Filing the New Boxes Electronically
BoomTax supports the new boxes across every intake method — manual entry, spreadsheet import, and bulk file upload — and files through the IRS IRIS system.
If your systems generate legacy FIRE 1220 flat files, note that the IRS is not maintaining the 1220 format going forward, so boxes 1c and 1d have no official 1220 positions. BoomTax publishes an extended 1220 layout for 1099-K boxes 1c and 1d so flat-file processes can carry the new data without a rewrite.
What are the 1099 Deadlines for 2026?
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February 2nd, 2026
Recipient Copies
Form 1099 & W-2G must be distributed to the recipient on or before February 2nd
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March 2nd, 2026
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March 31st, 2026
E-File
Form 1099 & W-2G must be e-filed directly to the IRS on or before March 31st
Visit our deadlines article to learn more about Form 1099 & W-2G due dates.
Note: If the filing deadline lands on a Saturday, Sunday, or legal holiday, the due date will automatically be extended to the following business day.
The exception to these deadlines above is for filing Form 1099-NEC. Depending on the filing method, there is a month's advancement on the recipient and IRS copies being January 31st. Get started with BoomTax and file your 1099 with the IRS, state, and mail recipient copies on time. Get Started Now
If you find errors after filing your 1099 return with the IRS, promptly correct the information and submit the corrected Form 1099 and our 1096 guide to the IRS. Also, provide your recipient with an updated 1099 showing the updated details. If you need to correct any state or local tax department information, file the form with the appropriate agencies, not the IRS.
What are the different Form 1099 Copies?
Each Form 1099 has four different copies with their specific purpose:
Copy A
IRS copy for paper filing.
Copy 1
Filed with the State Tax Department.
Copy B
Recipient copy.
Copy 2
Recipient state, city, or local income tax return.
Note: Copy C has been removed from multiple 1099 form types.
Get started with BoomTax, and file your 1099 tax forms with federal/state and mail recipient copies from one place. BoomTax will never remove past years' filings, and you can continue to make corrections at any time, no matter the year. File my 1099 directly to the IRS Now!
BoomTax is an IRS-authorized provider specializing in business tax forms, including the 1099 Form series, ACA forms, W2 forms, and more. By choosing to e-file Form 1099-K with BoomTax, you'll enjoy a range of unique features that ensure a simple, secure, and accurate filing experience.
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Michaela Porterfield
Content Writer at BoomTax
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Dedicated to simplifying complex IRS regulations for employers, with expertise in ACA, 1099, and W-2 compliance.
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BoomTax and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors prior to engaging in any transaction.
