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Old 08-03-22 | 01:31 PM
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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?

Last edited by jpcamb; 08-03-22 at 04:44 PM.
Old 08-03-22 | 01:50 PM
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Re: ticketmaster question

Originally Posted by jpcamb
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?
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.
Old 08-03-22 | 02:05 PM
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Re: ticketmaster question

Yup I had to do that when I sold my Raiders vs 49ers tickets through Ticketmaster recently.
Old 08-03-22 | 03:46 PM
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From: Galt's Gulch
Re: ticketmaster question

Keep your receipt from the original purchase, along with the sales order so you can deduct the commission and purchase price.
Old 08-03-22 | 04:26 PM
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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...
Old 08-09-22 | 06:50 PM
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Re: ticketmaster question

Originally Posted by dex14
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.
I made $150 on youtube ads last year and the fuckers sent a 1099

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