Parents Push Back After New IRS Reporting Requirement Targets Some 4-H Youth
The new requirement has prompted questions from some families about how it could affect youth participating in 4-H livestock auctions.
A new federal tax reporting requirement is raising concerns among some 4-H families after Michigan State University Extension announced that youth who receive $2,000 or more from livestock and still exhibit auctions during a calendar year may receive a 1099-MISC tax form beginning with the 2026 fair season.
According to an informational handout distribut…
Keep reading with a 7-day free trial
Subscribe to Dave Bondy's Keeping it Real Newsletter to keep reading this post and get 7 days of free access to the full post archives.