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Updated about 6 years ago on . Most recent reply

User Stats

172
Posts
55
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Ashley Wolfe
  • Realtor
  • Bedford, TX
55
Votes |
172
Posts

Sales and Use Tax and Occupancy Tax: Do we pay both?

Ashley Wolfe
  • Realtor
  • Bedford, TX
Posted

I've gotten my first quarterly "pay your local and state taxes" statement for our Sales and Use # that we established for our Airbnb business.  Occupancy taxes for Texas (6%) are already collected by Airbnb on our behalf.  However, should I be paying the 8.25% Texas Sales and Use tax on top of that as a vacation rental owner?

Thanks!

Most Popular Reply

User Stats

172
Posts
55
Votes
Ashley Wolfe
  • Realtor
  • Bedford, TX
55
Votes |
172
Posts
Ashley Wolfe
  • Realtor
  • Bedford, TX
Replied

@Cheryl Vargas and @Jim Cummings
My CPA said she found nothing saying we need to pay both sales tax and occupancy tax here in Texas.

Here is a Get Paid for Your Pad podcast about taxes: https://getpaidforyourpad.com/podcast/airbnb-taxes-in-2019-explained-ep272/  

I'm listening to this episode right now.  

Of course, an email to your specific CPA would also be recommended.  Please share if you find out additional info!

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