How does Airbnb determine which hosts are issued a 1099-K?
I'm a US citizen and have filled out the W9 but other sites have a revenue and transaction cutoff but I can't find Airbnb's policy on determining if a host has had enough business to be issued a 1099-K.
When I called airbnb they said they dont issue 1099-k unless you earn $20,00 and 200 rentals,that we have to file a 1099-K to airbnb just like you would file to anyone earning over $600 but I think this is wrong. We dont file anything just declare the income. No 1099-K