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April 5, 2023
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I have an Airbnb room. Where do I enter the "occupancy taxes" I paid? Is it an "expense" under the rental income, or "taxes" in some other section?

  • April 5, 2023
  • 1 reply
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I live in Seattle, and have seen conflicting information on where to enter the taxes that were deducted from my Airbnb payments. Some say it counts as an expense, some say it counts as an additional tax payment. Any info appreciated
Best answer by SharonD007

The occupancy taxes that you pay on behalf of your guests are deductible as an expense on your Schedule E. They are not deductible on your Schedule A under Taxes You Paid. They should be reported on Line 16 Taxes on your Schedule E if you are reporting the income on Schedule E or Line 23 on Schedule C if you are reported the income on that form.

 

Please review the TurboTax articles 10 Tax Tips for Airbnb, HomeAway & VRBO Vacation Rentals and Who Pays the Transient Occupancy Tax?

 

If you need more information, please send us another message.

1 reply

SharonD007
April 5, 2023

The occupancy taxes that you pay on behalf of your guests are deductible as an expense on your Schedule E. They are not deductible on your Schedule A under Taxes You Paid. They should be reported on Line 16 Taxes on your Schedule E if you are reporting the income on Schedule E or Line 23 on Schedule C if you are reported the income on that form.

 

Please review the TurboTax articles 10 Tax Tips for Airbnb, HomeAway & VRBO Vacation Rentals and Who Pays the Transient Occupancy Tax?

 

If you need more information, please send us another message.

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assmanbbqAuthor
April 5, 2023

Thanks very much!