Yes. If you make more than $600 in a year, you’ll need to report your earnings to the IRS.
When signing up to be a Twitch Affiliate, you’ll need to supply your taxpayer identification. This can be your Social Security number, employer identification number (EIN), or individual tax identification number (ITIN). Twitch will send you a 1099 form in January.
As we do for anyone self-employed or working a side hustle, we recommend that you work with a tax advisor to reduce your tax liabilities at the end of the year. Otherwise, you could get slammed with taxes if you bring in a substantial income by streaming content.