JamesG1
Expert Alumni

Get your taxes done using TurboTax

"Make sure that the amount reported on the IRS form 1099-K box 1a equals the Proceeds reported for the multiple entries of IRS form 1099-B."

 

As an example, you sold one ticket for $100 and Ticketmaster added a fee of $20.

 

The IRS form 1099-K reports $120.  Report the $120 as the Box 1a amount and Proceeds.

 

Add the $20 to the Total amount paid cost basis of ticket.  Or report the $20 at the screen Let us know if any of these situations apply to this sale under I paid sales expenses...

 

@DubsNiners 

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