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June 6, 2019
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OK I have season football tickets. I sell many games for profit. Do I report this as misc income or capital gains?

  • June 6, 2019
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Best answer by MargaretL

IF you are in the business of buying and selling tickets, that is ordinary income subject to self-employment tax.  You would report it as your self-employment income.  Otherwise, it is considered capital gain. 

1 reply

MargaretL
MargaretLAnswer
Employee
June 6, 2019

IF you are in the business of buying and selling tickets, that is ordinary income subject to self-employment tax.  You would report it as your self-employment income.  Otherwise, it is considered capital gain.