SusanY1
Expert Alumni

Get your taxes done using TurboTax

Thank you for sending across the diagnostic.  To resolve your issue, you will want to edit the proceeds on the 1099-B entry for the ticket sales to match the amount on the 1099-K.   You can then adjust either the cost basis or "expenses".  

To adjust expenses on the screen "Let us know if any of these situations apply to this sale" check the box "I paid sales expenses that aren't included in the sales proceeds reported on the form" and adjust there.  

TurboTax won't proceed unless the 1099-K amount matches the proceeds here - and adjusting in this way will get you to the correct profit/loss for your ticket sales.  

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