“Section 6041A(a)(2) is amended by striking "is $600 or more" and inserting "equals or exceeds the dollar amount in effect for such calendar year under section 6041(a)".”
The section replaces the fixed $600 test in section 6041A(a)(2) of the Internal Revenue Code of 1986 with a pointer to the amount in effect for the year under section 6041(a), and makes the same swap in section 3406(b)(6)(A) along with a matching heading change. The amendments apply to payments made after December 31, 2025.
What the document actually says
“Section 6041A(a)(2) is amended by striking "is $600 or more" and inserting "equals or exceeds the dollar amount in effect for such calendar year under section 6041(a)".”
That sentence, in plain words
A fixed figure is taken out of a rule. A pointer to the new figure is put in.
What this is about
So the two rules move together from now on. The same swap is made in a withholding rule. The changes reach payments after December 31, 2025.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 70433, 139 Stat. 243 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“The new figure is carried into services reporting and backup withholding,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70433, Sec. 70433. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70433-conforming/ (retrieved October 10, 2026).
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