All transcriptionists, captioners, and translators are independent contractors and therefore, Rev does not withhold taxes from your earnings.
We are not tax experts and cannot give you any advice on how to handle your taxes. You should consult a local accountant to assist you in this area.
Information for US-based freelancers
Due to changes in IRS regulations, we do not send 1099-MISC forms since payments are made via PayPal. Even if you made more than $600 last year, any tax information or paperwork you require should be provided by PayPal directly.
More information can be found here:
http://payroll.intuit.com/support/kb/2001238.html?cid=1099_em
Here is the relevant tax information from the IRS website:
http://www.irs.gov/pub/irs-utl/td_9496_final_reg.pdf
PayPal tax information: https://www.paypal.com/us/smarthelp/topic/TAX_CENTER
