Ticketmaster / Live Nation reports total sales on Form 1099-K that include whatever fees it charges the buyer of the tickets. For example, assume:
I want to sell tickets for $100
Ticketmaster lists them for $115, which includes a $15% Buyers Fee it charges the buyer and keeps.
Ticketmaster then pays me $90 after the tickets are sold less their 10% Sellers Fee.
When I receive Form 1099-K from Ticketmaster it shows the sale of my tickets in box 1a as $115, not the $100 I wanted to sell them for. How do I record the $15 Buyers Fee and the $10 Sellers Fee on Form 8949? Do I include these amounts as part of my ticket cost that is reported in column E or as an Adjustment to Gain/Loss in columns F and G?
