I received a 1099-K from AirBNB, but it is incorrect. For some reason they did not credit a $4500 adjustment that is reflected in my earnings summary. Any options?

I contacted them multiple times - but they refuse to acknowledge the error and provide an accurate 1099-K. Can I enter the refund as a deduction?

614

Level 15

Mar 12, 2021 4:43:31 PM

Can I enter the refund as a deduction?

Yes. If this is a SCH C business, then one of the screens (I think it's in the income section) will ask you for amounts you gave back to clients/customers. You'll enter it there.

If this is a SC H E business, you'll enter it as a miscellaneous expense, and make sure you clearly label it as a client/customer refund.

Since you have the statements to back up your claim in case of an audit, I don't see any issues here.

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I received a 1099-K from AirBNB, but it is incorrect. For some reason they did not credit a $4500 adjustment that is reflected in my earnings summary. Any options?