Taxes in Texas

[Adam13]

Hi,

I am working on these dreaded taxes and am a bit confused by the forums. I am a host in Texas, and made about 6k hosting. I noticed that Air BnB only sends out tax forms for those who made over 20k. So am I required to report my earnings? If so, what form would it be? 1099-MISC?

Thanks!
Adam

[Linda0]

Unfortunately, you won't get the 1099 form so you need add your income under rental property.

[Clare0]

@Adam13 You don't need a form to report income.  🙂

[Angie61]

Hi Adam!  I have the same question.  So just add the earned income from Airbnb under rental property?  

[Cynthia-and-Chris1]

First, you absolutely still need to report your earnings as income regardless of receiving a 1099 from Airbnb.  You will use the information from your Transaction History to fill in your income.  This informtaion from E&Y may help with your taxes:  http://assets.airbnb.com/eyguidance/us.pdf