what form(s) do I need to submit during turbotax process and how do I accurately submit the form paypal sent me for sale of tickets (that includes ALL paypal transactions, not just ticket funds)? Estimates: $6K ticket purchase, sold for ~$10K, equals ~$4K profit
No, you shouldn't. With this new information, the sales of tickets were personal items. Personal items sold at a gain belong on Schedule D/8949.
That sounds like you were running a business with those numbers, to go on Sch C. You can enter the income and expenses on Sch C. See Where do I enter Schedule C?
You will split up the 1099-K and enter the form twice but with the numbers apportioned.
For example: 1099-K of $15,000. Enter the $10,000 on the business and the rest elsewhere.
If this didn't answer your question, please reply with more information.
this was NOT a business, it was an accidental ticket purchase of $6K. So I sold them and managed to profit $4K. Since this is not a business and just 1 resale of tickets, should I still follow the above?
No, you shouldn't. With this new information, the sales of tickets were personal items. Personal items sold at a gain belong on Schedule D/8949.