About Fiverr and 1099 Income
Fiverr is a global marketplace for freelance services where sellers (called 'Sellers') offer digital services — from graphic design to writing, programming, and voice-over work. US-based Fiverr sellers are self-employed.
Fiverr sellers are pure service providers — digital deliverables with minimal physical costs. Your largest deductions are likely software subscriptions, your home office, and professional development. Keep monthly invoices from all software tools you use for client work.
What Tax Form Does Fiverr Send?
Fiverr issues 1099-K (for sellers with over $5,000 in earnings processed through Fiverr Payments). As an independent contractor, you are responsible for reporting this income on Schedule C (Profit or Loss from Business) attached to your federal Form 1040. You are also responsible for paying self-employment tax (15.3%) on your net earnings.
Top Tax Deductions for Fiverr Workers
Reducing your taxable income through legitimate deductions is one of the most effective ways to lower your tax bill:
- Software subscriptions used for delivering services (Adobe, Figma, etc.)
- Computer hardware depreciation or Section 179 expense
- Home office deduction
- Internet and phone bills (business-use portion)
- Professional development courses and books
- Stock photography and asset licenses
- Fiverr revenue fees (20% platform take)
- Qualified Business Income (QBI) deduction — up to 20% of net business income for eligible freelancers
- Health insurance premiums if you're self-employed with no other employer coverage
- Retirement contributions (SEP-IRA contributions up to $69,000 or Solo 401k)
Quarterly Estimated Tax Payments
As a Fiverr independent contractor, no taxes are withheld from your earnings. If you expect to owe more than $1,000 in federal taxes for the year, you must make quarterly estimated payments to the IRS using Form 1040-ES. The 2026 payment deadlines are April 15, June 16, September 15, and January 15, 2027. Use the calculator above to estimate your exact quarterly amount.