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Ticketmaster 1099K question
Has anyone that sold tickets on Ticketmaster received an email from them asking for information for a 1099K?? I sold a pair of tickets for face value for an event I can't make next weekend, it's the second time I sold tickets there, and the first time I did not get this message. Not sure if it was last year or this year I sold as a verified reseller. Any idea if this is legit?
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Re: ticketmaster question
Originally Posted by jpcamb
(Post 14142277)
Has anyone that sold tickets on ticketmaster received an email from them asking for information for a 1099K?? I'm sold a pair of tickets for face value for an event I can't make next weekend, its the second time I sold tickets there and the first time I did not get this message. Not sure it was last year or this year I sold as verified reseller. Any idea if this is legit?
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Re: ticketmaster question
Yup I had to do that when I sold my Raiders vs 49ers tickets through Ticketmaster recently.
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Re: ticketmaster question
Keep your receipt from the original purchase, along with the sales order so you can deduct the commission and purchase price.
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Re: ticketmaster question
This is such crap. John Galt thanks for the heads up. I paid about the same for the tickets after fees as I am selling and I notice I don't get THAT full amount back either so in essence I'm breaking even. I'm surprised TM is not charging me 9.99 processing to take my SS# and send me the 1099... :grumble:
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Re: ticketmaster question
Originally Posted by dex14
(Post 14142286)
It’s legit. The IRS is tracking income from sales on anything more than $600 cumulative now. This goes for stuff like eBay too. It sucks.
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