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How Do I Report Income on Fiverr?

Last updated on September 28, 2022 @ 8:15 pm

As a freelancer, you are responsible for paying your own taxes. When it comes to filing your taxes, you will need to report any income you received from Fiverr. Here is how to report your income from Fiverr on your taxes:

When you receive payments from Fiverr, you will be sent a 1099-K form. This form will list out all of the income you received from Fiverr during the year. You will then need to report this income on your tax return.

PRO TIP: If you are a freelancer who uses Fiverr to sell your services, it is important to report your income correctly. The IRS requires that all income, including income from online platforms such as Fiverr, be reported on your tax return. Failure to do so can result in penalties and interest. When in doubt, always consult with a tax professional to ensure you are correctly reporting your income.

The 1099-K form will be sent to you by January 31st. You will then need to file your taxes by April 15th.

When reporting your income from Fiverr on your taxes, you will need to include your Social Security Number or Individual Taxpayer Identification Number. You will also need to include the amount of money you earned from Fiverr, as well as any other income you earned during the year.

If you have any questions about how to report your income from Fiverr on your taxes, you should contact a tax professional. They will be able to help you make sure that you are correctly reporting your income and paying your taxes.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.