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Updated over 6 years ago, 09/25/2018
Airbnb is withholding taxes until I update a W-9. Need tax advice
Hello I currently have three airbnb listings and I've noticed that in my payouts I've recently been getting a negative sign. Seems like my money was going somewhere else. Then I check my email and receive this notice
NOTE: We were required by the IRS to withhold tax for this transaction. |
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Hosts with a US taxpayer ID number may submit a tax form to prevent future tax withholding. |
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Airbnb is telling me I am required to fill out a W-9 or they will keep witholding my money to the IRS. I haven't filled out the form yet because it has an option to put my social or EIN. I haven't incorporated or opened an LLC yet. I need tax advice. Do I need to go to a CPA or Tax attorney and are there any recommendations for someone in South Florida. I also have a full time job.