Hello, @BillM223 I have a capital gains question.
Can I include ticket insurance in the cost basis of the tickets I sold? The two tickets were originally bought with my money. One for myself and one for another person. We sold the tickets and there was a gain from the sale. However, the sale money was deposited into their account and then they transferred it to me. They facilitated the sale but we agreed I would get the money. Ultimately who is responsible for reporting the gain on their tax return?
