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Face_in_the_crowd
Returning Member

14% local Airbnb tax deductible?

Here in Los Angeles the city collects a 14% local city tax on all Airbnb stays. Airbnb automatically collects this tax on behalf of hosts like me. My question is can I enter that amount (that Airbnb collected on my behalf) in TurboTax under where it says "Enter common expenses" > "Other taxes"?

Does it make any difference which way I enter it?

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1 Reply

14% local Airbnb tax deductible?

If tou are pointing out a line on Schedule C then yes as it is a business expense

I assume you are reporting the gross revenue on schedule C as well
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