Taxes

[Ann165]

Do I include Open Homes donaions when calculating my local taxes?

[Tim-and-Holly0]

@Ann165:
You would report the gross amount Airbnb collected for sales tax calculations.

You would deduct the Open Homes donation amount from your earnings as a charitable donation when it comes to year-end personal taxes.

Are donations tax-deductible?

Yes. Your donation is tax-deductible to the extent allowable under United States tax law as a charitable contribution to the Open Homes Fund, located at PayPal Giving Fund, a 501(c)(3) charity. The Open Homes Fund provides financial support to nonprofits who connect people in need with temporary housing.