income documention

[Ruthanne0]

New host earned $4000 last year. Do I have to claim as income? Does airbnb send any tax forms for that low of income? All help appreciated. thx!!!

[Clare0]

@Ruthanne0 Airbnb no longer reports by 1099 all host income.  Instead, they have chosen to send 1099K's to those who have earned $20K and have 200 or more payouts.  That clearly is not you.

Having said that,  you are still required to report income as appropriate for your situation.  Airbnb  keeps a record of gross earnings, fees paid and net payouts.  These can be found under your Transaction History, then Earnings Summary. 

Hope this helps!

[Lizzie]

Hello @Ruthanne0,

Lovely to meet you, I hope you found @Clare0 help useful here. Do let us know how you get on with this. 

Also, I hope you don't mind, but I have moved your post out of the Living Room board to the New to Hosting section, this will make it easier for other hosts to find your post when they are looking for similar questions. 

Thanks so much, Lizzie