In the US, you have an obligation to pay taxes on income, regardless of whether you get it in a traditional fashion or from a new economy web 2.0 social network

In the US, you have an obligation to pay taxes on income, regardless of whether you get it in a traditional fashion or from a new economy web 2.0 social networking service, regardless of whether it is in cash or electronic, and regardless of whether the government is aware of it or not. Compliance with this is... mixed. Airbnb follows its legal obligations to report monies which it disburses to hosts, which will in almost all cases constitute income, via a 1099 (or similar) form delivered to both the host and the IRS. see: http://www.airbnb.com/help/question/122 http://www.airbnb.com/help/question/122 , conveniently located near the top of the search results for [airbnb 1099] (if you knew the probable way they were going to report) or [airbnb taxes] if you didn't.