
Originally Posted by
PSOcodemonkey
All your questions depend on what you mean by being a PSO. Do you work for a dispatch or direct dial company? If you are a contractor with them, you should have already gotten 1099s from them. If you work on platforms, depending on the platform, you will get either a 1099-MISC or a 1099-K, etc. In the case of one particular platform, you only get a 1099-k if your gross is over $20,000 and you have over 200 transactions, but not a 1099-MISC. If you were an actual employee of a company, you should have gotten a W-2.
No matter what forms you got (or did not get), you do need to report all income (and can take certain business expenses off, but see an accountant for deductions, do not assume). In many cases, you would use a Schedule C to report business income, but that depends on several things, such as if you are a sole proprietor or not. There are other forms you will need to file as well.
Since you have never filed taxes before, DEFINITELY see an accountant or some one trained in doing taxes the first time. There are exceptions to everything, including what I said above, and only an accountant or some type of tax adviser can tell you how to do things in your particular case.
Be sure to ask about quarterly estimated taxes as well whomever you see, as you might have to pay some for 2016.
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