Website Building » Wix » Does Wix Report Earnings to IRS?

Does Wix Report Earnings to IRS?

Last updated on October 1, 2022 @ 3:44 am

Wix.com is an Israeli cloud-based web development platform that was first developed and popularized in 2006. It allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools.

Wix is a freemium service, meaning that it offers both free and premium plans. The free plan includes advertisements and branded URLs, while the premium plan offers features such as ecommerce, custom domains, and removed branding. As of March 2018, Wix had 110 million users.

GREAT NEWS:

Exciting update! We've collaborated with Wix to offer WBI users with a free plan for all website creation needs - Explore the details here.

Wix does not report earnings to the IRS. This is because Wix is not a US company and does not have to comply with US tax laws. However, if you are a US citizen or resident, you are required to report your earnings from Wix to the IRS.

PRO TIP: The Internal Revenue Service (IRS) does not require Wix to report your earnings to them. However, it is your responsibility to report any income you earn through Wix to the IRS. If you don’t report your earnings, you may be subject to penalties and interest.

To report your earnings from Wix, you will need to file a Form 1040 (individual income tax return) and include your Wix earnings in the “Other Income” section. You will also need to include a statement with your return explaining how you earned your income from Wix.

If you have any questions about whether or not you need to report your Wix earnings to the IRS, you should speak with a tax professional.

While Wix does not report earnings to the IRS, US citizens or residents who earn income from Wix are required to do so. To report your earnings from Wix, you will need to file a Form 1040 (individual income tax return) and include your Wix earnings in the “Other Income” section.

You will also need to include a statement with your return explaining how you earned your income from Wix. If you have any questions about whether or not you need to report your Wix earnings to the IRS, you should speak with a tax professional.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.