Event Overview
The One Big Beautiful Bill Act (OBBBA) has reshaped wage information reporting for 2026. This technical session gives payroll, tax, and compliance professionals a focused walkthrough of the new W-2 and 1099 codes, thresholds, and filing system changes, including the reporting mechanics and system considerations you need to file accurately.
Date and Time
Tuesday, December 8
1 - 2:30 p.m. CT
1 - 2:30 p.m. CT
Location
Online (Webinar)
Cost
Free
Contactevents@eidebailly.com
Learning Objectives
- Identify the new W-2 Box 12 codes, TP (tips), TT (overtime premium), and TA (Trump Accounts), and how each must be captured in payroll.
- Navigate the Box 14 restructuring into 14a (Other) and 14b (Treasury Tipped Occupation Code).
- Apply the higher W-2 and 1099 reporting thresholds, raised from $600 to $2,000 and indexed for inflation.
- Assess the impact of the 1099-K reset back to $20,000 and 200 transactions on your reporting workflows.
- Break down the new 1099 data fields for cash tips, TTOC, and overtime on 1099-MISC, NEC, and K.
- Prepare for the FIRE-to-IRIS transition and what it means for TY2026 filings.
- Evaluate updated penalty structures and new PFML wage treatment guidance against your current processes.