Not tax advice. HostLedger is a bookkeeping spreadsheet. Please check with a CPA. 14-day money-back guarantee.
HostLedger

Home / Schedule E estimator

What do I put on Schedule E line 3?

January again, a pile of Airbnb payouts, and no idea which number goes where. Type three numbers from your Airbnb earnings summary and get a first answer in seconds. Free. It runs in your browser, nothing is sent anywhere.

What does your earnings summary show?

How this estimate works

Schedule E (Form 1040), Part I, line 3 is the rent you received before any fees. If your Airbnb summary only shows payouts, the host service fee was already taken out, so the tool adds it back. The fee is then counted as an expense, together with the other costs you enter, to give a rough line 20. Line 21 is line 3 minus line 20.

Not included: depreciation, personal-use days, Form 8582 loss limits, taxes collected for you by Airbnb, refunds and resolution adjustments. Those are the parts that change your real number the most.

Sources

Questions: hostledger@appxiom.co. See also Schedule E line by line and 1099-K vs Schedule E.