2024 Tax Help

[Yael123]

So I am new - first year - hosting and received my 1099K which states that no federal taxes were withheld and nowhere do I see the amount of state remittance. I host in Mass. and live in NJ. I am wondering:

1. Since AirBnB has supposedly remitted my taxes for my hosting, do I still need to file a tax form for Massachusetts?
2. Do I know that they have sent the correct %s to local, state?
3. Do other hosts deduct upgrades and upkeep costs to their AirBnB properties  - our property is a rental 10-11 months per year  while one month I use the place?

Thanks ahead of time for any help!

[Elisa]

Hi @Yael123 😊, 

Thank you for asking these questions in the community, they’re really important!

Did you find the answers you were looking for?

I’m tagging a few hosts from Massachusetts to see if they can help: @Ken-and-Kathleen0, @Samantha1054, @Albena11, @Chris19800, @Maritza191, @Shayne30 and @Vickie155.

Thank you in advance, everyone!

Warm regards, 🌻