Hi everyone,
I have a question regarding the 2017 taxes and I am very confused.
in 2017, my airbnb gross earnings were lower than $20,000 (My property is located in Florida, Miami-dade county) and i do not know if airbnb will report my total earning to the IRS under my name. Therefoe, should I report this income and pay taxes or just leave it like that and do not do anaything about it? There will be any problems in the future with the IRS?. On the other hand, I see that there is an amount of Occupancy taxes that airbnb has supposed to collect on my behalf, so can I use that on my favour?
Thanks!