JamesG1
Expert Alumni

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The amount reported on IRS form 1099-K box 1a should be the same as IRS form 1099-B Proceeds.

 

So, if the IRS form 1099-K is reporting $90 in box 1a, IRS form 1099-B Proceeds should be reported as $90.

 

Since the $10 fee to SeatGeek was netted on IRS form 1099-K box 1a, you would not report the $10 sales expense at I paid sales expenses that aren't included in the sale proceeds reported on the form.

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