AKB: Tax questions on reselling of tickets

saturdaysarebetter

Well-known member
Jun 28, 2018
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1,306
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Greetings everyone. In 2024, I made just over $700 reselling tickets. Where does that get entered on the PA tax form? I saw no mention of ticket reselling in the PA tax booklet online.

Also, where does that get listed on the Federal 1040 form? Do I use Schedule C Profit or Loss from Business? I'm not a business though. Do I also use Schedule 1 Additional Income and Adjustments to Income?

Thank you very much in advance.
 

Ghost of OM

Member
Oct 30, 2021
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If you resold through a broker (Ticketmaster etc) and total sales were over $5000, you should get a 1099K from them. Otherwise, I’d ignore it. If total sales were over $5K, you only need to claim the profit on the sales, not the full amount.
 

saturdaysarebetter

Well-known member
Jun 28, 2018
893
1,306
111
If you resold through a broker (Ticketmaster etc) and total sales were over $5000, you should get a 1099K from them. Otherwise, I’d ignore it. If total sales were over $5K, you only need to claim the profit on the sales, not the full amount.
Ok, thank you.