The amount on your 1099-K represents your tax liability as defined by the Internal Revenue Service (IRS).
The IRS requires Outdoorsy to base our 1099-K reporting on the gross reportable payments that guests make to our platform.
- Included in 1099-K reporting: For each rental, the amount a guest pays for the vehicle (nightly rate multiplied by the number of nights), as well as any add-ons. This figure is before the host service fee has been subtracted.
- Not included in 1099-K reporting: The amount guests pay directly to Outdoorsy for insurance, as a guest service fee, and as sales/transactional tax.
Why include the host service fee on 1099-Ks?
Because it doesn’t come out of the customer’s payment to Outdoorsy. It comes out of our payout to you.
Again, the IRS requires us to base our 1099-K reporting on guests’ payments and not hosts’ payouts.
This means your 1099-K will differ from your total payouts for the year in your Outdoorsy account. The difference is the host service fee. It’s included in 1099-K reporting. It’s not included in your total payouts for the year in your Outdoorsy account.
This could change in the future. We watch tax laws closely so we can help you comply. We’ll implement any changes that impact you and your tax liability.
Reminder about service fees
Both RV hosts and guests pay a service fee. Guests pay a percentage of their rental cost. Hosts, a percentage of their payout. This helps enable Outdoorsy to maintain a secure and updated platform.
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