DavidD66
Expert Alumni

Get your taxes done using TurboTax

Yes, the amount SeatGeek kept is a sales expense and should be used to adjust (reduce) your proceeds.   You should list each sale separately.  Your cost basis for each ticket would include an allocated portion of your membership fee and the cost of the seat back.  There is a section in TurboTax for entering a Form 1099-K.  If you didn't you should start there and enter the information on your Form 1099-K.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"