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February 2, 2025
Question

How do my partner and I split the income on a 1099K for Airbnb if Airbnb did not do that?

  • February 2, 2025
  • 1 reply
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The total income on the 1099K was not divided by Airbnb between my partner and I. How do we file it?

    1 reply

    February 2, 2025

    The best way to report: the partner whose name is on the 1099-K should report all the income on their tax return under the 1099-K entry. Next, enter an expense for the amount of income you will be claiming.  You can use the Miscellaneous Expenses you can add a description like "1099-K income to (name)" .  

     

    You will report the income as Other income not an a 1099-MISC or 1099-K on your tax return.