Interest Penalty accrues at 1% per month on delinquent payments
Airbnb is remitting 8% TOT. This option will calculate 3% TBID only.
VRBO is remitting 11% TOT/TBID. This option will report income only.
Other - Select this option to calculate 11% TOT/TBID for all rentals outside of Airbnb/VRBO.
{3} Less Uncollected Accounts
Tax Due (Measure Y 2% + TOT 7% = 9% Total) (Total Gross Receipts x 9%)
Penalty 10% of Tax Due
Platform *
Total Gross Receipts {1} - {2} - {3}
Number of bookings within the month
Number of nights the property was rented out during the month
Number of Nights
Number of Stays
Interest Penalty accrues at 1% per month on delinquent payments
{A} Total Due (Tax Due + Penalty + Interest)
Reduction to gross receipts for long-term renters
{2} Less Occupancy over twenty-eight (28) Days
Assessment Calculation
Assessment Due (3%) (Total Gross Receipts x 3%)
Please review that entries are correct
Total Due {A} + {B}
BBLTBID
Penalty 10% of Tax Due
{B} Total Due (Assessment Due + Penalty + Interest)
TOT
{1} Gross Receipts
To avoid penalties, payment must be postmarked or received by the due date.
For each Reporting Month, payment is due by the end of the following month. Ex: payment for the reporting period November 2021 must be received by December 31st, 2021.
not including taxes (TOT) or assessments (BBLTBID)
Reduction to gross receipts for cancellation refunds