I'd like to know how taxes are collected, and from whom? th...
Latest reply
I'd like to know how taxes are collected, and from whom? the host, the guest or both??
Latest reply
Airbnb 2024 1099-K Gross Earnings: $91,103.34
Airbnb 2024 CSV Report Gross Earnings: $92,584.53
Airbnb 2024 Earnings Report Gross Earnings: $93,343.00
Airbnb 2024 Earnings Report Gross Earnings when added up by individual listing within Report: $87,515.3
To top it off, Airbnb is including my Co-host's payouts in the Gross Earnings of my 1099-K, while also issuing them a 1099-K for their amount... Essentially double reporting the same Gross Earnings. This is an absolute mess!
I have reached out to Airbnb support several times to clarify why these amounts are inconsistent so that I know what is accurate when deducting that portion from my Net that my business will have to pay taxes on. They keep sending me copy paste responses about how I need to talk to my tax professional. I am my tax professional, and I need to know why the CSV is not accurate to the 1099-K. Absolutely ludicrous.
