This is personal selling of my own season tickets. I agree Ticketmaster should have reported the amount they paid to me, then I could subtract the cost and it would have been a very simple exercise. However, they state on their website "the sum in Box 1 is the total of your gross transactional amounts for the previous year - including the price of the tickets you sold plus fees and any other amounts related to your ticket sales, without any adjustments for credits, discounts or refunds. However, the total in Box 1 is not necessarily what you should expect to pay taxes on"
"In order to assist you with figuring out what you need to pay taxes on, for each of your form 1099-Ks, you'll be able to download a file with a list of your transactions showing your payout, the date and transaction ID of each"
"As a note you should only pay taxes on the profit of your sale"
Which is all very well but it is impossible to make anything balance, and I have talked to them at least twice maybe three times, they are not updating the forms, I assume there must be some benefit to them in doing it this way but it is making life very difficult over a few hundred $...
