Short-term rental income has unique tax rules. Calculate your tax liability and every deduction you're entitled to.
TurboTax Premier guides you through rental income, depreciation, and mixed-use property rules. Rental income is complex — get it right the first time.
File Airbnb Taxes with TurboTax Premier →The 14-day rule: If you rent for 14 days or fewer per year, rental income is TAX-FREE. No reporting required. Renting more? You file Schedule E.
Airbnb is NOT self-employment: Rental income (Schedule E) is not subject to 15.3% SE tax — unlike rideshare/gig income. This is a major tax advantage.
Depreciation is powerful: A $350k home has land value ~$70k, so depreciable basis = $280k. Over 27.5 years = $10,182/yr deduction. On a 30% rental-use property, that's $3,055/yr in deductions.
Mixed-use property: You can only deduct the rental-use percentage of mortgage interest, taxes, and utilities. A separate Schedule A deduction exists for the personal-use portion.