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If you got paid for selling event tickets in 2024, then that income will have to be reported on your 2024 tax return next year, even if the sales took place in 2023.
Companies, such as Ticketmaster and StubHub, are now required send out a 1099-K to taxpayers who received more than $600 when selling tickets in 2023. If you're selling at a loss, you're not going ...
If resellers buy the tickets and the tickets are not sold out, they risk a loss. [15] There may be individuals who wish to attend a popular event (and decide to sell their tickets later) and those that buy tickets in large quantities in order to resell their tickets for a profit. Some countries have restricted the unauthorized resale of tickets.
Boise State has sold out its next two home games, but you can still purchase tickets — at a premium. Boise State offering ‘verified resale’ tickets for Washington State game. How do they work?
Tickets sold through an online ticket brokering service may or may not be authorized by the official seller. Generally, the majority of trading on ticket brokering websites concerns itself with tickets to live entertainment events whereby the primary officially licensed seller's supply has been exhausted and the event has been declared "sold-out".
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CashorTrade is a fan-to-fan face-value ticket-reselling market created in 2009 by brothers Brando and Dusty Rich based in Burlington, Vermont. [1] As of November 2017 [update] , the platform had users from 20 countries and had processed over half a million transactions. [ 2 ]
The California lawsuit, which was filed in 2003 and recently granted national class-action status, challenges Ticketmaster's "Order Processing Fee" and the fee it charges customers who opt for UPS ...