Ticketmaster Sales - How to Report the Sellers Fee and Buyers Fee on Form 8949

[JCKJCKJCK]

Ticketmaster / Live Nation reports total sales on Form 1099-K that include whatever fees it charges the buyer of the tickets.  For example, assume:

I want to sell tickets for $100

Ticketmaster lists them for $115, which includes a $15% Buyers Fee it charges the buyer and keeps.

Ticketmaster then pays me $90 after the tickets are sold less their 10% Sellers Fee.

When I receive Form 1099-K from Ticketmaster it shows the sale of my tickets in box 1a as $115, not the $100 I wanted to sell them for.  How do I record the $15 Buyers Fee and the $10 Sellers Fee on Form 8949?  Do I include these amounts as part of my ticket cost that is reported in column E or as an Adjustment to Gain/Loss in columns F and G?

[DianeW777]

Yes, you report these amounts as part of your ticket cost. Record the Buyers Fee and Sellers Fee you are being charged as part of your cost basis on the sale.  

Be sure to keep good records of all your transactions so you are always prepared to support your numbers.