All income is taxable on your federal return unless specifically excluded by federal law. The resale of your season tickets is not among income items that can be excluded, so you’ll not only need to report this information on your state taxes, but your federal income tax return, as well.
Please see the TurboTax Help article “How do I enter a 1099-K in TurboTax Online?” for guidance on entering your 1099-K information. Once you’ve started entering your information into Schedule C, you’ll also have the opportunity to enter any expenses that you have incurred.
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