Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

This answer was rated:

I have a client that rented out her primary residence for 12…

Hi Carter, I have a client...
Hi Carter,
I have a client that rented out her primary residence for 12 nights on Airbnb. She grossed $4,325. How do I report this?
Show More
Show Less
Ask Your Own Tax Question
Answered in 2 minutes by:
3/15/2018
Carter McBride
Carter McBride, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 1,313
Experience: Adjunct Professor
Verified

You do not. If you rent your primary residence for 14 days or less, you do not report income and do not claim expenses.

Ask Your Own Tax Question
Customer reply replied 5 months ago
Thanks

No problem. If you need anything else just let me know. If not, please leave a rating. Thanks!

Carter McBride
Carter McBride, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 1,313
Experience: Adjunct Professor
Verified
Carter McBride and 87 other Tax Specialists are ready to help you
Ask your own question now
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a tax professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Carter McBride Your Own Question
Carter McBride
Carter McBride
Carter McBride, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 1,313
1,313 Satisfied Customers
Experience: Adjunct Professor

Carter McBride is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Related Tax Questions
I use a LLC that I own 100% of to rent out my home through
I use a LLC that I own 100% of to rent out my home through AirBnB. if I rent out my primary residence through my LLC (usually only on weekends), am I able to right off business expenses in whole as a … read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I have a question regarding Airbnb. If i rent out a room in
I have a question regarding Airbnb. If i rent out a room in my house, but still live in my residence, is my place still considered a primary residence? I am concerned about the 2 out of last 5 years r… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
A friend of mine is in the US on a J-1 research scholar
A friend of mine is in the US on a J-1 research scholar visa. Her host institution (employer) is a university in New Jersey, she lives in New York. She filed her 2017 taxes, however erroneously filed … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
For several years I have rented part of my home on airbnb. I
For several years I have rented part of my home on airbnb. I could always deduct depreciation and have made a small loss each year. This year depreciation is not applied and it says I have 0 income, n… read more
Carter McBride
Carter McBride
Certified Public Accountant (CPA)
LLM
1,313 satisfied customers
I am trying to find out if i can claim a portion of my home
Hi I am trying to find out if i can claim a portion of my home rent on tax if i sublet my rental property on airbnb … read more
abci168
abci168
Principal
27 satisfied customers
We are in the process of selling our current primary
We are in the process of selling our current primary residence and will be traveling in a camper for several months at a time. We have a rental property that we want to use as our primary residence fo… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I own our home in Austin and it is fully paid off. We only
I own our home in Austin and it is fully paid off. We only own one house. We rent it on AirBnB for about 40 days total averaging about 3 days per stay and report the income on our federal taxes. Each … read more
Matthew Breecher
Matthew Breecher
President
MBA (Graduate Legal Studies)
286 satisfied customers
I am an F-1 Student here in the US from Canada. I was
Hello! I am an F-1 Student here in the US from Canada. I was helping out a friend by putting their property on airbnb Because they are out of the country she said to just put it in my account. I will … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I'm currently renting and working in San Francisco,
i'm currently renting and working in San Francisco, California. I'm considering buying my first home in Little Rock, Arkansas. My husband i will will move there once he finishes law school in 2 years … read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I am a non-resident alien( student on F1 Visa) and have rented
I am a non-resident alien( student on F1 Visa) and have rented my apartment using AirBnb during the summer of 2015. I have received a 1042-S tax form from AirBnb (with an income code 54 - other income… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I am a student on F1 Visa and I sub-leased my rented
I am a student on F1 Visa and I sub-leased my rented apartment on Airbnb. AirBnb has issued me a 1042-S reporting the earned rent as income. However, no tax was withheld by Airbnb since I had submitte… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have a tax question that I cant seem to solve. I have a
Hello Pearl. My name is***** have a tax question that I cant seem to solve. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I'm filling in FL-150. 6 month during the last year I have
I'm filling in FL-150. 6 month during the last year I have some extra income from AirBnB room renting. Where in FL-150 I can put it - 7- self-employment expenses, after business expenses (other) or 8 … read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
I received a CP2000 from the IRS stating: 1. Income reported
I received a CP2000 from the IRS stating: 1. Income reported by airbnb on for 1099-k on the rental of a room for family user, is self employment income subject to social security and medicare taxes. i… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
Hi, Im a homeowner. Im thinking about renting out my place
Hi, I'm a homeowner. I'm thinking about renting out my place (a primary residence) on airbnb a couple of times a year to help pay for an upcoming wedding. I would just crash at my girlfriend's place w… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
Property manager, Question about reporting 1099 to a client. Im
Property manager, Question about reporting 1099 to a client. I'm a property manager. Let's say I receive $1000 from Tenant for Client/Landlord. I use the $1000 to pay $400 mortgage and $100 condo fee … read more
Stephanie B.
Stephanie B.
Accountant
Master's Degree
451 satisfied customers
We have a client who is widowed (more than 2 years), and is
We have a client who is widowed (more than 2 years), and is trying to sell her home on which she will have a significant gain. She has lived in this home for more than 15 years. She has moved to a sma… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I am currently building a home that will close in late August.
I am currently building a home that will close in late August. I recently married and my spouse currently owns a condo so I don't think I qualify for the first time home buyer credit. Is this true? Th… read more
Anne
Anne
Master Tax Preparer
1,328 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x