This is really an IRS question but I'm sure there are others here who have the same question. Like thousands of other people, I had to purchase a PSL (Personal Seat License) in order to purchase season tickets for an NFL team. I purchased the PSL four years ago and I purchase season tickets every year. This year I sold some individual game tickets for more than the ticket's face value and I expect to receive a 1099-K form. The thing is, I certainly didn't make a profit selling these tickets when I consider how much I had to pay for the PSL (which is necessary in order to purchase my season tickets). So how do I take the cost of the PSL into account when determining whether or not I actually had a capital gain selling individual game tickets?
