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Does UpWork report income to IRS?

Last updated on September 24, 2022 @ 8:52 pm

UpWork is a popular online platform for finding freelance work. The company has been in operation since 2009, and it currently has more than 500,000 active users.

UpWork is considered a “freelance platform,” meaning that it allows users to find work from other professionals.

UpWork’s income reporting is sporadic. In general, the company does not report income to the IRS. In fact, UpWork has been known to report inaccurate income information to the IRS.

PRO TIP: If you are an Upwork user, be aware that the platform does report your income to the IRS. This is in line with Upwork’s terms of service, which state that the company may share your information with government agencies as required by law. Therefore, if you are not paying taxes on your Upwork earnings, you may be subject to penalties and interest charges from the IRS.

In 2016, the IRS issued a warning to UpWork and other online platforms about their reporting practices. The warning stated that online platforms should report all income, regardless of source.

UpWork has since made changes to its reporting practices. The company now reports all income to the IRS, regardless of source.

This change is likely in response to the 2016 warning. UpWork is one of the few online platforms that has made this change.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.