If you resold Taylor Swift Eras Tour tickets, the IRS is watching — A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty::A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty.

    • jcit878@lemmy.world
      link
      fedilink
      English
      arrow-up
      48
      arrow-down
      1
      ·
      1 year ago

      er, by default any profit is taxable for them while as a lemming you get a tax free $600 profit before it impacts you

      but fuck ticketmaster anyway

      • sndrtj@feddit.nl
        link
        fedilink
        English
        arrow-up
        40
        arrow-down
        2
        ·
        1 year ago

        I’m pretty sure they pay effectively zero tax because they found some interesting ways to make their profit appear 0 on paper.

    • tenextrathrills@lemmynsfw.com
      link
      fedilink
      English
      arrow-up
      8
      arrow-down
      2
      ·
      1 year ago

      I don’t understand what your point is. Of course this doesn’t impact Ticketmaster. They already pay taxes on income generated from selling tickets, so nothing changes. I can’t tell if you’re just saying dumb shit to get upvotes from other idiots or truly don’t have a clue.