Number of Transactions & Taxes

Mark524
Level 3
Volcano, HI

Number of Transactions & Taxes

Airbnb just started allowing a seperate line item for taxes (FINALLY!) in our state. They don't remit the taxes for us, which is fine. The question I have is that now there are two deposits to my checking account for each reservation - one for the nightly rate + cleaning fee - service fee, the other for the tax. 

When 1099 comes, will they count if we are under 200 reservations? Or does each deposit into my account equal one transaction, so really it's a maximum of 100 reservations for the year?

3 Replies 3
Ann72
Level 10
New York, NY

@Mark524 I'm pretty sure they count each reservation as one, even when there are two transactions.

did you ever get an answer about that? I want to know for sure is it 200 transactions or 200 reservations? I don't want to find out the hard way

Mark524
Level 3
Volcano, HI

Nope, no definitive answer ...