I rent a house and sublet one bedroom. In 2012, I used AirBnB to find a roommate, and they handled some of the transactions. Subsequently, I have received a tax form from them with the rental amount they collected in 2012. I do not own the house, and all rent ultimately gets paid to the landlord. Am I really supposed to pay taxes on money I collect from roommates which I deposit into my account, withdraw, then hand over to the landlord in one check? If not, how do I report this to the IRS since AirBnB transmits the information to the IRS?
Thanks,
Jason
Thanks,
Jason