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"Airbnbs are reported on chedule C not schedule E"
I provided the link directly to AirBnB directions. Does no one follow them?
"9. How to report rental income and expenses
Rental income and expenses are reported on Schedule C or Schedule E of your tax return (Form 1040). If you are a real estate dealer who is engaged in the business of selling real estate to customers with the purposes of making a profit or an owner of a hotel, motel, etc., who provides services (maid services, etc.) for guests, report the rental income and expenses on Schedule C. If you are not, report the rental income and expenses on Schedule E. Schedule C income may be subject to self-employment tax, while Schedule E income may be subject to Net Investment Income Tax.
Most individual taxpayers report residential rental income and expenses on Schedule E. See Exhibit A for a copy of page 1 of Schedule E."
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