WebNov 18, 2024 · Any profit made from reselling concert tickets is taxed like ordinary income, said Chris Diodato, founder of WELLth Financial Planning in Palm Beach Gardens, Florida. That can range from 10% to... WebThe extra fees will obviously be higher for a $300 ticket compared to a $60 ticket. But the extra fees were always just that separate fees. Artists/performers realized some people were willing to pay the "Platinum" price so why not. More and more started setting aside tickets as "Platinum Seats". It used to be the best seats meaning the floor.

Ticketmaster Resale

WebYou will have 2 payout options when listing your tickets for sale: Debit Card ( US Accounts Only ) Our preferred and easiest method to get paid. Requires no verification process on your part. Checking/Savings Account (ACH) Once your tickets sell you'll have to verify your account before we begin to process your payment. Web19 hours ago · 6. Donate plasma. The process of donating plasma is similar to what you would expect when donating blood. This process can sometimes take up to 90 minutes. It's possible, though, to do a plasma ... chronicles of narnia book sets

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WebJan 4, 2024 · Usually, you need to pay federal income taxes and self-employment taxes if you make more than $400 during the tax year. If your income for online sales flowed through a third-party transaction network like PayPal or Venmo, and that income was greater than $20,000 for the year and the number of transactions exceeded 200, you can expect … WebJun 4, 2024 · I made a $585 profit on reselling concert tickets Do I pay income taxes on this and which tax year? I received the money in 01/19 but the sale occurred 12/18. You do have to pay income taxes on this. WebOf course you can deduct your expenses (ticket purchase price, their fees, any other business expenses) to lower your total profit. SE tax is 15.3%, then you'll also owe your … dereham lloyds pharmacy