No, the funds received through UpTogether cash offers are grants dispersed in amounts that do not exceed IRS reporting requirements.
Since the cash offers are considered grants and not income, they do not have to be reported when filing your annual tax return. However, it may affect your subsidy eligibility in some cases.
Please note: Accepting a cash offer from UpTogether may impact your public benefits, such as housing assistance or childcare. If you have questions about whether money from an offer will affect you, please speak with your case manager.