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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.
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.
Ticket resale (also known as ticket scalping or ticket touting when done for profit) is the act of reselling tickets for admission to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets.
Ticketmaster was founded in Phoenix, Arizona in 1976 [5] by college staffers Peter Gadwa and Albert Leffler, Gordon Gunn III, as well as businessman Jerry Nelson. [6] [7] The company originally licensed computer programs and sold hardware for ticketing systems.
They get a piece of the 25% in commissions StubHub earns on either end of a season ticket buy and sell transaction. Ticketmaster filed a lawsuit against StubHub and eBay in 2007, alleging "intentional interference" with Ticketmaster's contractual rights. [100] In 2012, StubHub renewed deals with Major League Baseball Advanced Media.
Ticketmaster still has 170,000 Taylor Swift Eras Tour tickets after its canceled general sale for the tour. Here's how it plans to handle selling them.
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