Mar 26, 2018 10:38:26 AM Edited Mar 26, 2018 10:43:47 AM by James M
Is w9 mandatory fro US contractors?
Mar 26, 2018 10:40:25 AM by Petra R
@James M wrote:Is w9 mandatory fro US contractors? I dont really want to do it.
Yes it is mandatory and why don't you want to do it?
Mar 26, 2018 10:44:59 AM by Tiffany S
Upwork is required by law to obtain a W-9 from any individual (and certain types of organizations) it might be required to issues a 1099 to.
Mar 26, 2018 10:48:33 AM by Prashant P
I don't recall if I filled out W-9 or not (I do remember giving them SS#), and I thought Upwork does not issue 1099's.
Mar 26, 2018 10:50:46 AM by Tiffany S
@Prashant P wrote:I don't recall if I filled out W-9 or not (I do remember giving them SS#), and I thought Upwork does not issue 1099's.
It depends on how much money you make and how many transactions you have within a year. The requirement is different for a platform like Upwork than a direct client, so most freelancers don't reach the point of receiving an Upwork 1099.
Mar 26, 2018 11:03:37 AM by Prashant P
I thought the limit was $500. Now is this a limit per client or total money Upwork paid out?
Mar 26, 2018 11:08:52 AM by Tiffany S
Prashant, it's $600 in a year if the client is paying directly for your services. But, Upwork falls into a different category (the same one as PayPal), and thus has a much higher threshhold (as Petra noted, $20,000 and at least 200 transactions in a year)
Feb 15, 2021 08:06:47 PM by Peter S
Feb 15, 2021 09:46:53 PM by Joanne Marie P
Hi Peter,
All freelancers who are U.S persons should file a Form W-9 with Upwork. To complete the form, you sign electronically by submitting it. Please check this help article for more information.
Mar 26, 2018 11:03:49 AM Edited Mar 26, 2018 11:08:04 AM by Petra R
@Prashant P wrote:I don't recall if I filled out W-9 or not (I do remember giving them SS#), and I thought Upwork does not issue 1099's.
You certainly did complete the W-9 or you would have been unable to withdraw any money.
1099s are sent out to freelancers who have earned over $ 20.000 in the last year across 200+ transactions.
Upwork and similar places have different rules than direct clients, who would have to issue one for payments over $ 600.