How do I use a Proof of Income form for mortgage refinancing?
To request your form:
Only hosts with U.S. as their primary country of residence that have one or more active Airbnb listings are eligible to access the Airbnb Proof of Income form. Co-hosts, experience hosts, and hosts whose country of residence is outside the U.S. can’t access the form at this time.
When will I get my Proof of Income?
We’ll let you know via email when your Proof of Income is ready to be downloaded. In most cases, it’s available within approximately 5 business days of submitting your request.
What information is included on my Proof of Income form?
The Proof of Income form includes your monthly gross earnings and total amount paid for the current year, as well as the previous two calendar years (if applicable). The current year form includes income up to the previous completed calendar month. If you uploaded taxpayer information to your Airbnb account, you will get a Proof of Income form for each unique taxpayer ID associated with your account. If you haven’t uploaded taxpayer information to your Airbnb account, your Proof of Income will summarize all earnings for your host account.
Can I use my Proof of Income form for tax purposes?
The Proof of Income is being provided to help you keep a view on your current year and prior two calendar years of earnings on Airbnb. We recommend that you consult with a tax advisor regarding the use of the Proof of Income form for tax reporting purposes.
How does my Proof of Income differ from my Earnings Summary and Transaction History?
If there is any difference, it is driven by the fact that your Earnings Summary and Transaction History are based on the check-in plus one-day payout schedule, while the Proof of Income is based on the actual payout date. Note that the Proof of Income also reflects income for each unique taxpayer ID registered to a host account (if applicable), and the Earnings Summary and Transaction History reflect the total earnings associated with a host account.
If there is no taxpayer ID registered to the host account, then the Proof of Income will reflect the total earnings associated with the host account. We expect to use the Proof of Income logic for the Earning Summary starting in 2018. Consult your tax professional regarding use of the Proof of Income form for tax reporting purposes.
Why is my co-hosting income appearing as negative?
If you had a co-host on any of your hosting reservations, the income shown in the hosting section of your Proof of Income will reflect the total earnings for these reservations, including earnings for you and those for your co-host(s). The portion of the income that was earned by your co-host or co-hosts on these reservations is reflected as a negative amount in the co-hosting section.