Highlights
- 2025-2026 brings unprecedented state tax reporting changes from OBBBA threshold shifts and Form 1099-DA expansion.
- Most states have not yet aligned to OBBBA-driven updates affecting Form 1099-NEC and Form 1099-MISC for TY2026.
- Direct state filing requirements expand as CF/SF Program coverage remains inconsistent for new forms.
To dig deeper, visit the original article on the Thomson Reuters blog.