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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.
Anyone who earned more than $5,000 in 2024 selling tickets, musical instruments or other goods and services online should expect to get a 1099-K tax form this month.
When a ticket reseller buys concert tickets at a lower price and sells them for a bit more, they make a profit. Here's how to sell concert tickets to make an extra buck on the side.
In 2008, the Boston Red Sox chose Ace Ticket over StubHub to sell their tickets. [13] There are also independently owned online ticket resellers such as viagogo and SeatMarket. The growth of the ticket resale market has been consistently growing and is expected to expand even further. [14]
After StubHub opened a beta site in the UK in December 2011, it launched the full site in the UK in March 2012, also announcing plans to open stores in London and near major venues for last-minute ticket sales. At the time, StubHub said that 35% of tickets sold on its site came from professional brokers, and the rest came from part-time sellers ...
A ticket exchange, also known as a secondary ticket outlet, is a market where tickets are bought and sold. Ticket exchanges allow people to buy and sell tickets online. Typically, ticket exchanges are used by individuals wanting to buy or resell tickets from other individuals rather than from the event the ticket is
IRS Form 1099-K could be in your future if you sold items via online marketplaces like eBay and Venmo. ... or resale platforms like StubHub ... the next time you think about selling your spare ...
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".