WebSold my tickets to the Steelers game via Ticketmaster. Received an email from them asking me to complete an online form before they can pay me. It went on to say "We are also generally required to file a Form 1099-K report with the IRS if the gross amount of your sales on our marketplaces is $600 or more in a calendar year". WebMar 12, 2024 · It is the 1099-k thing. I logged into the ticketmaster.ca site and did a search for 1099-k in their help section. It is apparently legit. What was throwing me off was that I asked for a seller credit to apply against next year’s tickets. So really no “payment” forthcoming. ... (I just ask for a credit, too).

New Seller Requirements (1099s) : r/stubhub - reddit

WebFor any tax year in which a Form 1099-K is required, Ticketmaster will typically provide a copy of the form by January 31 of the following year. If your annual gross transactional amount does not exceed the federal or state reporting thresholds, you will not receive a … WebDec 28, 2024 · We will get a 1099 form from TicketMaster acknowledging our "gain" of $2,790. My question is this: We didn't actually MAKE $2790. The tickets are $160 a … bankruptcy indiana laws

Filing taxes after selling items on E-Commerce websites wcnc.com

WebFeb 4, 2024 · Answer No to the 1099-B question. On the next screen, select the type of sale you had (like second home, collectible, or land) and Continue. Continue following the … WebFor any tax year in which a Form 1099-K is required, Ticketmaster will typically provide a copy of the form by January 31 of the following year. If your annual gross transactional amount does not exceed the federal or state reporting thresholds, you will not receive a Form 1099-K for that tax year. bankruptcy italy