I had bought 2 tickets to a music festival that I couldn't end up going to, for a total of $730. I matched with another person on an internet forum and resold the tickets at face value via PayPal. This was my first time making a transaction of any sort (I've never sold on eBay/Etsy/etc), so I didn't even know I'd be receiving this form. Are there any repercussions to leaving this out of my filing for the year?
