In general, the income you earn when guests book your car on Turo is taxable. To see your past earnings, log in to your account. Click on Dashboard and select “Earnings” in the drop-down menu. We’ll show you every transaction and amount we’ve paid you since you started booking your vehicle(s) through Turo.
IN THE US
We send eligible hosts a 1099-K form, which shows the gross amount of reportable transactions for a calendar year. We provide this statement for informational purposes only. It is not intended to constitute tax advice. Please consult a tax professional for help with determining tax treatment for your carsharing activities and for reporting your income, including whether you can take deductions against the income you earn on Turo (some vehicle expenses, depreciation, etc) and relevant documentation you should retain.
To receive a 1099-K form (if eligible), you must send us a completed W-9 form (http://www.irs.gov/pub/irs-pdf/fw9.pdf) by fax (888-701-2897). You can also mail it to:
Turo, Inc., 116 New Montgomery St., 7th Floor, San Francisco, CA 94105.
OUTSIDE THE US
Hosts outside the US are responsible for knowing and following the applicable tax laws in their country, region, and/or province. Turo is unable to provide tax advice or assistance.