taxes

[Matu25]

Has anyone filed their taxes for their airbnb? I started in the last week of January, should I file taxes or wait until next year? Please advise

[Mike-And-Jane0]

@Matu25 The US tax year runs to the end of December 2023. If you had no earnings in that year then you don't need to file a tax return. Perhaps you should get professional advice - There are many deductions you can make to minimise your tax liability and it would be a shame to pay more than you should.

[Paula]

Hello @Matu25 👋

Were you able to review Mike's advice? Did you manage to seek any professional accounting guidance?

It would be great if you could share your findings so future Hosts can learn from your experience.

All the best.

[Matu25]

Hello Paula, I've contacted one but I have not discussed this yet; I will make an update once I do. Thank you for the follow up. And yes, Mike's advice was helpful. Everyone is very helpful here and i'm glad to have found this community.