taxes

[John58]

How can i increase the amount of taxes airbnb deducts on my payouts. Currently its only about 20% and i would like to increase it to 30 %.

[Clare0]

Hi @John58, I'm in California so I don't know the intracacies of FL taxes.  Are you talking about Fed income taxes or the "hotel" taxes?  If the latter, here's a previous post you might find helpful: 

@Carmen And Jim, @Denis, @Clare

Here is the reponse to my question from Airbnb. It is especially useful to know where the Occupancy Tax collect is displayed:

"We are collecting and remitting Florida Transient Rental Tax of 6.00% on your behalf.

Please do understand that we have signed an agreement with the Florida state, meaning the state is aware that Airbnb has a collect and remit feature. We will be filing one tax return per jurisdiction, with the total combined reservation revenue.

We will not be filing individual forms (such as the DR-1C form) on behalf of hosts.
You may need to file $0 returns going forward, but please consult a professional tax advisor to determine what is necessary for you.

Occupancy Taxes column in your Gross Earnings section of the Transaction History can serve as documentation of the taxes that have been collected, paid for and remitted on your behalf.

I hope this clarified your concern but please let me know if you have further concerns."

[Michelle33]

Is this new for Florida starting in 2016? I have a FL listing that has so far not had the state or local county tourist tax collected and paid by Airbnb. But I also have not had a payout in 2016 yet so perhaps I will see it soon.