Skip to main content
February 27, 2025
Question

How are you using the 1099-k from Live Nation for the sale of tickets, in my case, for hockey tickets?

  • February 27, 2025
  • 1 reply
  • 0 views
Box 1a has no association with actual cost and sales. how do I correct?

    1 reply

    February 27, 2025

    When you enter the Form1099-K, you will indicate that it is for self-employment income. Then you will see a screen that says Your self-employment 1099-K income on which you can use the Enter new line of work box to name the business you are in:

     

     

    Then you can got to the self-employment section and find the business you named and add expenses to reduce the gross income reported on the Form 1099-K down to the net income you received.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"