US federal taxes: Tax form eligibility
Vrbo is required by the US Internal Revenue Service (IRS) to send you a tax form if you have processed payments on our platform in one of the following categories:
1. You are a U.S. person and we processed more than 200 payment transactions with a gross amount exceeding $20,000 USD during the 2023 calendar year.
|You will receive IRS Form 1099-K to report the gross value of transactions processed on your behalf. Vrbo mails Form 1099-K in late January of each year.
Note: For more information about Form 1099-K, read Understanding Your Form 1099-K.
2. You are a non-U.S. person listing a property in the U.S.
You will receive IRS Form 1042-S with the amount of rental income generated by your U.S. property, and any U.S. income tax that was withheld. We will mail Form 1042-S in early March of each year. For more information about U.S. income tax withholding on non-U.S. persons, read NRA withholding.
If you are a U.S. person and the address on the active Form W-9 falls within a state with a threshold below the federal threshold (over $20,000 USD and more than 200 payment transactions), and your gross payment transaction value exceeds the state threshold, Vrbo will file a Form 1099-K with the appropriate state only.
Regardless of whether we send you a tax form, it’s your responsibility to determine your income tax for U.S. income tax purposes. Amounts not required to be reported to the IRS by Vrbo may still be subject to U.S. federal and state income tax. Please consult your U.S. income tax advisor if you have additional questions.