1099-K from Stubhub

[MG714]

If I receive a Form 1099-K from StubHub for selling sporting event season tickets for games I cannot attend, and I share the tickets (and any payments from StubHub) with someone else, but we sell them through my StubHub account, how would I reflect that only half of the amount from the Form 1099-K is mine and the other half is the other person's?

[Anonymous_ · Accepted solution]

You would indicate that you received half of the total figure as a nominee for the other party.

See https://www.irs.gov/instructions/i1099gi#idm140388153069760

[MG714]

Thank you!