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Level 2
August 31, 2022
Question

Airbnb income

  • August 31, 2022
  • 5 replies
  • 13 views

I've just started Airbnb'ing my upstairs room.  Do I need to claim this income?

 

    5 replies

    Level 15
    August 31, 2022

    All income must be reported. 

    Becca EAuthor
    Level 2
    August 31, 2022

    Which is better to assist with deductions: FilingScchedule E or Schedule C for short-term rental income?  Does this type of income quality for "Pass-through" deductions?

     

    Thanks

     

    Level 15
    August 31, 2022

    Yes, it qualifies for pass through income. You will complete Sch E. See this for more information. 

    https://assets.airbnb.com/eyguidance/us.pdf