For more experienced Freelancers, I have a question. At the end of the year, I think I wind up listing all of my clients individually as sources of income. BUT do we get a 1099 from Upwork as well or anything from Upwork?
Thanks for the help,
Are you referring to Form 1099-K? Freelancers who are U.S. persons and receive over $20,000 with more than 200 transactions through Upwork will received the Form 1099-K (not to be confused with the more common 1099-MISC).
I'm not sure if these will help, but I'm sharing these help articles here for your reference:
Avery, can you clarify what counts as a transaction? For 2018, my transaction history shows 415 entries (and my earnings were well above $20k). The prior year was similar, but I've never received a 1099-K, so I'm assuming not everything Upwork labels as a transaction counts as a transaction in this analysis.