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Retirement tax questions
I had a small profit of roughly $400. The problem with the 1099-k from TicketMaster is that they do not report your cost basis (the price you paid plus the commission they take) because they do not know. I was able to enter my cost basis + their commission when I followed the instructions in the original reply (JamesG1) provided. This translated to the schedule D form 8949. I used deluxe, not premiere, but I did have to click on "cost basis not reported" on the form when the error popped up, and this triggered me to having to send in my form 8949 after e-filing everything else. Perhaps the premiere version would've made this a bit easier, I'm not sure. One thing though, this is a nightmare that millions of people will be experiencing because of this $600 land grab. Time to go back to cash!