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Basketball Tickets and Sports Cards
Hello,
I resell some of my professional basketball tickets I own and already have the 1099K details. Additionally I sell online collectible cards. For each, am I reporting on the net sales or income?
Example: Cost of the tickets for a game are $200 a seat and I sell for $400 a seat. Gross sales were $800, but income was $400. What am I being taxed on?
‎August 31, 2022
9:12 AM