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If you rented the rooms for 14 days or less, you are not required to report the rental income. But you cannot deduct any related expenses, either.

Occasional Airbnb rental activity (where substantial services to guests were not provided) is generally reported on Schedule E:

1. Federal Taxes
2. Wages & Income
3. Rental Properties and Royalties - follow the instructions  Where do I enter income and expenses from a rental property?

NOTE:  Airbnb income may be reported in two different areas; there are very specific reasons why and each entry has a different tax outcome. 

1. Occasional, short -term rental with no guest services may be deducted as above
2. If you dedicate a room in your home solely for the paying clients, never live in that room and provide services such as regular cleaning or maid service, provide coffee or breakfast,  you may be considered "running a business".  In this case, you would deduct  your income and expenses as self-employed income, subject to Social Security and Medicare tax.

1. Federal Taxes
2. Wages & Income
3. Business Items
4. Business Income and Expenses (Sch  C)- you may be asked to upgrade to Self-Employed version.

Please refer to 10 Tips for Airbnb, HomeAway & VRBO Vacation Rentals for details.

Source: MargaretL