1099 MISC

What Form 1099-MISC reports, the 2026 thresholds, how rents, royalties and prizes are taxed, and a calculator.

Updated November 4, 2026. Free, no sign-up; everything runs in your browser and nothing you type is stored.

1099 MISC tax calculator

Box 1 rents ($)Box 2 royalties ($)Box 3 other income, prizes ($)Rental/royalty expenses incl. depreciation ($)Your tax rate (%)

Estimated income tax

–

–Net Schedule E income

–Self-employment tax

1099 MISC boxes and thresholds

Box 1 Rents, Box 3 Other income (prizes, awards), Box 6 Medical and health care payments: reported at $600 for 2025 payments and $2,000 for payments after December 31, 2025.
Box 2 Royalties: reported at just $10.
Payments to contractors for services moved to Form 1099-NEC.

How 1099 MISC income is taxed

Rents and royalties go on Schedule E, where you deduct expenses such as repairs and depreciation; they aren't subject to self-employment tax unless you run a real-estate or royalty business. Prizes and other income in Box 3 go on Schedule 1 as other income, taxed at your ordinary rate. See the property tax and rental calculator for depreciation.

Common questions

What is reported on a 1099-MISC?

Rents, royalties, prizes and awards, other income, medical payments and some other payments.

What is the 1099-MISC threshold for 2026?

$2,000 for most boxes for payments after 2025; $10 for royalties.

Is 1099-MISC income subject to self-employment tax?

Usually not for rents, royalties or prizes.

Sources

More paycheck and tax calculators: 1099 K Form · 1099 SA

General information, not financial, tax or legal advice. Check important numbers with the official source before acting on them.