What is Airbnb Basing Thier TOT Deduction On

Nikko0
Level 2
Oakhurst, CA

What is Airbnb Basing Thier TOT Deduction On

I remitted my TOT for the final quarter of 2017 before finding out that Airbnb did it already. Upon comparing my math and theirs I noticed a variance. I need to submit all my paperwork again to receive a refund for what Airbnb has already remitted, however their math and my math are slightly off. I took my gross earnings and figured out the 9% and 3% from that, which is different than what Airbnb came up with. How are you guys figuring out the TOT?  I assume it is less your service fee. If that is the case, Exactly what is that fee? I thought it was 3% but am uncertain as when I deduct 3% from my gross earnings it still does not give me the number Airbnb came up with. Please advise. Thank you.

 

Nikko

2 Replies 2
Nikko0
Level 2
Oakhurst, CA

Nevermind. I figured it out.

@Nikko0 I like this. Self-service help.