How do I report Airbnb income on my tax return?

As an independent contractor for Airbnb, you have to file a 1099 tax form for your gross earnings to the IRS. The form varies depending on your state but applies to both rental hosts and service providers such as photographers, translators, or retreat hosts.



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Regardless of whether you receive a Form 1099-K, the rental income you earned from Airbnb is reportable on Form 1040, unless the non-taxable rental exception applies (discussed below).

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You can also find out how taxes and payouts work for Co-Host payouts. The Internal Revenue Service (IRS) requires Airbnb to collect tax information to determine if your earnings are subject to US tax information reporting.

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Generally, you should report your Airbnb activity on Schedule C if the average rental period for the property is less than 7 days or if the average rental is less than 30 days, and you provide substantial services to the renter.

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Airbnb and other sites like them usually report to the IRS, so you'll be paying income taxes if you rent out your property for more than 14 days. However, tax deductions alleviate some of that burden because they reduce your tax liability. Your taxable Airbnb income will include your earnings, minus your deductions.

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Airbnb hosts are expected to pay income taxes on rental income they earn from long-term rentals. To account for short-term rental income, the 14-day rule allows Airbnb hosts to avoid paying taxes if they rent a property for fewer than 14 days per year.

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If you are subject to U.S. income tax, you must report your rental income as a cash-basis or accrual- basis taxpayer. If you are a cash-basis taxpayer, you report rental income on your return for the year you actually or constructively receive it and you deduct all expenses in the year you actually pay them.

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Which Airbnb expenses are tax-deductible?
  • Cleaning services and supplies. Nowadays, it's crucial to run a clean vacation rental to get a 5-star review. ...
  • Repairs and maintenance. ...
  • Insurance, property taxes, and mortgage. ...
  • Utilities. ...
  • Appliances, furniture, and household supplies. ...
  • Marketing and advertisements. ...
  • Professional services.


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Airbnb lets you generate passive income from your home or spare room. Being an Airbnb host involves listing your property on its platform, which handles bookings and communications with guests. Hosts are paid out based on guest stays.

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Airbnb Will Report to the IRS Whether Airbnb sends you a 1099 form or not may depend on how much you make during the year. If you have over 200 reservations and make over $20,000 per year, Airbnb will send you an IRS Form 1099-K. If you operate multiple Airbnb accounts, you may receive more than one tax form.

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To account for short-term rental income, the 14-day rule allows Airbnb hosts to avoid paying taxes if they rent a property for fewer than 14 days per year. The 14-day rule is a common provision in tax laws that aim to combat abuses of short-term rental services like Airbnb.

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Contact Airbnb directly if your host remains unresponsive. Navigate to https://www.airbnb.com/contact. Alternately, you can reach Airbnb by phone at 1-855-424-7262.

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Tax deductions are available for Airbnb commissions and fees, as well as for most situations, mortgage interest, insurance premiums, and property taxes. Additional indirect costs, like rent, travel costs, utilities, and software subscriptions for property management, may also be deducted.

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Six tips for recording your income and expenses
  1. Open a separate bank account. One of the first steps is to open a separate bank account that you'll use just for your Airbnb venture. ...
  2. Save your receipts. ...
  3. Appliances, furniture, and household supplies. ...
  4. Hurdlr. ...
  5. Quickbooks. ...
  6. Stessa.


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Your Airbnb business needs a separate bank account to collect rental fees and pay you from the business.

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Keep a Separate Bank Account for Your Airbnb Business Tracking income and potential deductions can be complicated if you have one bank account for your personal and short-term rental business finances. Instead, open a separate bank account for your Airbnb small business.

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In an effort to placate guests upset with sticker shock over surprise fees at checkout, Airbnb rolled out the ability for guests to view the total price of a stay before taxes in initial search results in many parts of the world.

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