No. You are responsible for paying all required taxes, including income taxes, on your Maven earnings. If you are a United States Person and receive $600 or more in payments from Maven in a calendar year, we will issue a 1099 for you the following January.
For full details, refer to the Tax Matters section of the Maven Payment Policy.
Do you send us the appropriate tax forms for us to file our taxes?
Hi Trishna, yes! If you are a United States Person and receive $600 or more in payments from Maven within a specific calendar year, you do need to declare these payments as income when you file your taxes. We issue 1099s to qualifying participants from the previous year in January.