using rental apartment for airbnb how to pay tax?

Shan1
Level 1
Boston, MA

using rental apartment for airbnb how to pay tax?

We rent two bedroom apartment from landlord. One bedroom only for airbnb, we don't use it at all even there is no guests. We don't make  money for profit but only for help the rent. I don't think airbnb will send 1099 to me because we don't make that much money and had that many guests. How should I pay the tax? Should I use form C or E?

3 Replies 3
Sylvia-And-Fritz0
Level 2
Melbourne Beach, FL

 

Hi Shan,

 

Here is what I found out:

 

2015 Tax Filing

Airbnb is only issuing Form 1099-K to hosts who earned more than $20,000 in 2015 and had more than 200 reservations for the year. If you received a form, you’ll see it in your Taxpayer Information.

For all other hosts, use your 2015 Airbnb earnings summary to help file your taxes.

But which form should I fill? C or E? Thanks.

@Shan1 That's a really good question and I am re-evaluating which form I should use.  Unfortunately, I don't think any host here can give you tax advice.  😞