As a freelancer, you are considered self-employed. This means that you are responsible for your own taxes.
You will need to report your earnings from UpWork on your taxes.
You will need to file a Schedule C with your tax return. This is where you will report your income and expenses from your freelance business.
You will need to provide information about your UpWork earnings, as well as any other income you received from freelancing. You will also need to provide information about your expenses, such as the cost of your computer, internet, and any other business-related expenses.
You will also need to pay self-employment tax on your UpWork earnings. This tax is Social Security and Medicare tax for self-employed individuals. You will need to pay this tax even if you are already paying these taxes through another job.
Fortunately, you can deduct many of your expenses from your UpWork earnings when you file your taxes. This can help offset the cost of self-employment tax. Be sure to keep track of all of your expenses throughout the year so that you can take advantage of this deduction.
Conclusion: You have to report UpWork on Taxes.