Hello doorway18!
You are correct, you are only taxed on your profit from the sale. You will need to fill out a Schedule C for self-employed persons which will allow you to enter any expenses you had, such as the cost of the tickets and any other direct expenses of the sale. The net amount after deducting these expenses is the taxable amount.
I hope this helps. Please reply here if you need any more specific guidance.
Juliane
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