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Slightly OT: StubHub to generate 1099 in 2022
So even if you pay for tickets and lose money, the new Uncle Sam wants to get another bite at already taxed income. Imagine that. So much for the little guy.
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Originally Posted by
RougeDawg
So even if you pay for tickets and lose money, the new Uncle Sam wants to get another bite at already taxed income. Imagine that. So much for the little guy.
Yea I got the same email this morning. Only the person who sells the tickets on stubhub will get the 1099 right?
I guess you could Let a client use the tickets to a game(s) and write them off.
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First Uncle Sam has bigger fish to fry. 2. If you're really that worried, keep proof of your purchases.
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Yep, you'll get taxed on money that was already taxed to begin with. SMH.....
"The QB and the receiver weren't on the same page there, but hey its only week eleven". (Jack Cristil)
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Assuming you can take a loss too after factoring all of SH 17n fees?
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