Taxes for hosting in NY

Anca0
Level 1
New York, NY

Taxes for hosting in NY

Hi, i am brand new to hosting in NY. What's the best aolution tax wise?
Thanks a lot!
6 Replies 6
Clare0
Level 10
Templeton, CA

@Anca0 What kind of tax are you asking about?  Income tax or Occupancy tax?  Can you give more information?

What sort of taxes or forms that need to be filled in once one is starting to host on Airbnb.. I would think income tax are the most pressing..
Thank you, Clare.

@Anca0 All you need to do is provide Airbnb with your SSN.  No other tax forms are necessary.  Here are some income tax articles that might be of assistance in your tax planning: 

 

http://assets.airbnb.com/eyguidance/us.pdf

 

https://www.hrblock.com/pdf/Tax-Information-for-Hosts1-4-16.pdf

 

Hope this helps!

 

They are calling it an Occupancy of Hotel/Motel room tax

David832
Level 1
Rhinebeck, NY

How do you collect for sales tax in NY?  Also County occupancy taxes?

Cynthia-and-Chris1
Level 10
Vancouver, WA

This information from Airbnb may also be helpful for NY hosts:  https://www.airbnb.com/help/article/868/new-york--ny