Anonymous
Not applicable

Retirement tax questions

I have this same problem.  The different prompts are very confusing, even though I know how it is supposed to be reported.  This is particularly a problem with TicketMaster as they charge fees to both sides of a transaction and only show the sellers fees to the sellers and the buyers fees to the buyers.  I think the point is they don't want anyone to know how much they are making on the transaction.  Seems clear they should be required to report on the 1099-K all the associated fees and cost basis if they have it (which in most cases they do).  The information they are reporting is really insufficient--suggest writing your congressional representatives--that's about all they seem to respond to these days.