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Do I need to report this income on my taxes?

Yes. In most cases, your host earnings are considered taxable income.

SRS may issue a 1099 form if your annual payments meet the reporting threshold. We recommend:

  • Keeping track of your monthly payments
  • Speaking with a tax advisor to understand any deductions or obligations

While SRS doesn’t provide tax advice, we’re happy to help you locate your annual payment records if needed.