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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...
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‎April 1, 2025
7:35 AM
1,394 Views