Reply
cancel
Showing results for 
Search instead for 
Did you mean: 
Reply

What IRS form does Upwork use now?

lysis10
Community Guru
Jennifer M Member Since: May 17, 2015
1 of 10

I did my taxes on TurboTax this year, and I guess there is a new replacement for the 1099 contractor income named 1099-NEC. I carried over the 1099 info from last year (I believe it was 1099-MISC) but wasn't sure what box to use for my Upwork income. I used box 4. 

 

Then I realized all my off platform clients used the new 1099-NEC. Is Upwork using 1099-NEC now or are they still on the old 1099-MISC? I will need to adjust next year's taxes to the new form. I'm asking since I do not receive the form anymore.

kochubei_valeria
Community Manager
Valeria K Community Manager Member Since: Mar 6, 2014
2 of 10

Hi Jennifer,

 

While we can't provide tax advice, I'll double-check with the team in case something changed. But in general, Upwork wouldn't provide 1099-Misc. In qualifying cases, freelancers would receive 1099-K which is a different form. Here is most up-to-date info we have.

~ Valeria
Upwork
lysis10
Community Guru
Jennifer M Member Since: May 17, 2015
3 of 10

oh my bad, I meant 1099-K. I know you can't give advice, but I noticed that some clients switched to the new 1099-NEC, so I'm not sure if that would apply to the 1099-K. 

wescowley
Community Guru
Wes C Member Since: May 3, 2019
4 of 10

Jennifer - I got a 1099-K from Upwork at the end of January.

 

ETA: there was a gross amount in box 1A, number of transactions in box 3, a monthly breakdown in 5A through L, and state code in box 6. the PSE and third part network boxes were checked.  Hope that helps.

lysis10
Community Guru
Jennifer M Member Since: May 17, 2015
5 of 10

Wes C wrote:

Jennifer - I got a 1099-K from Upwork at the end of January.

 

ETA: there was a gross amount in box 1A, number of transactions in box 3, a monthly breakdown in 5A through L, and state code in box 6. the PSE and third part network boxes were checked.  Hope that helps.


Hey thanks for that! I think I used the wrong box. lol oh well whatever. They got their money.

 

But you answered my question. Maybe the new NEC doesn't replace the 1099-K document. Maybe it just replaces the MISC one. Thanks a lot for the response. This helps me because I had no idea what form to file with.

florydev
Community Guru
Mark F Member Since: Jul 10, 2018
6 of 10

I don't think it replaces the MISC, it is just that the MISC was a poor choice for non-employee income so they created the NEC.  I suspect that it is all part of the IRS's mission to go after anyone who is really keeping employees but treating them as 1099.

 

 

wescowley
Community Guru
Wes C Member Since: May 3, 2019
7 of 10

Jennifer M wrote:

Wes C wrote:

Jennifer - I got a 1099-K from Upwork at the end of January.

 

ETA: there was a gross amount in box 1A, number of transactions in box 3, a monthly breakdown in 5A through L, and state code in box 6. the PSE and third part network boxes were checked.  Hope that helps.


Hey thanks for that! I think I used the wrong box. lol oh well whatever. They got their money.

 


If you used box 4 you could be in for a nice surprise... that's the amount withheld Smiley Happy

lysis10
Community Guru
Jennifer M Member Since: May 17, 2015
8 of 10

Wes C wrote:

Jennifer M wrote:

Wes C wrote:

Jennifer - I got a 1099-K from Upwork at the end of January.

 

ETA: there was a gross amount in box 1A, number of transactions in box 3, a monthly breakdown in 5A through L, and state code in box 6. the PSE and third part network boxes were checked.  Hope that helps.


Hey thanks for that! I think I used the wrong box. lol oh well whatever. They got their money.

 


If you used box 4 you could be in for a nice surprise... that's the amount withheld Smiley Happy


oh fun! lmao!

 

I can't remember which one I used. I used the "miscellaneous income" box. Maybe it wasn't box 4. I'm a risk taker as you can tell and just go with whatever and hope it comes out ok. lmao In a year I'll be all "omg the tax man cometh!"

 

For real though, I must not have used that one because TurboTax would have calculated a deduction and they def didn't do that since I owed. 😡😡😡😡😡😡😡😡😡😡

kochubei_valeria
Community Manager
Valeria K Community Manager Member Since: Mar 6, 2014
9 of 10

Jennifer and others,

 

I'd like to provide an update here. We've adjusted the help article to include information about 1099-NEC form.

 

Freelancers—including those who earned more than $600—will not receive a Form 1099-MISC or Form 1099-NEC from Upwork. Your clients are not required to send you a 1099-MISC or Form 1099-NEC, either.

As before, qualifying freelancers will still receive 1099-K.

~ Valeria
Upwork
lysis10
Community Guru
Jennifer M Member Since: May 17, 2015
10 of 10

Thanks a lot Valeria for following up and clarifying. It's much appreciated. :-)

TOP SOLUTION AUTHORS
TOP KUDOED MEMBERS