Vanessa A
Expert Alumni

Get your taxes done using TurboTax

Yes.  Even if you do not receive a 1099-K, you still must report your income from the sale.  You will enter this as a sale of investments.

 

You would enter the sale of the tickets  by clicking the following:

  • Federal
  • Income
  • Show More next to Investment Income
  • Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) 
  • Select Other
  • Continue through and select Other again for the type of investment
  • Answer how you received it
  • You will need to enter the selling price, dates and the cost basis which is the price you paid for the tickets. 

 

 

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