- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Since the tickets were bought for personal use and then sold at a loss this would be similar to yard sale items and not included on your return.
You should still hold onto the 1099-K and proof of cost of the tickets since the 1099-K was reported to the IRS.
A 1099-K is not directly reported on your return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎December 28, 2021
11:02 AM