Is Airbnb Rental Income Subject to Self-Employment Tax?

Do you owe self-employment tax on Airbnb rental income?ย Thatโ€™s a good question. In Chief Counsel Advice (CCA) 202151005, the IRS opined on this issue. But before we get to what the IRS said, understand that the CCAโ€™s conclusions cannot be cited as precedent or authority by others, such as you or your tax professional. Even […]

Is Airbnb Rental Income Subject to Self-Employment Tax? Read More ยป