The IRS is changing its rules to crack down on ticket scalpers.
The agency has changed its rules so that anyone who makes more than $600 by re-selling tickets will have to report that income to the IRS.
The previous threshold was $20,000.
Ticket prices have exploded in recent years - the average resale price for a ticket to Taylor Swift’s “Eras Tour” was $1,600.
The new rules go into effect in December.
©2023 Cox Media Group
news
weather
traffic
Sign up below to be added to our mailing list for the latest news updates, access to exclusive contests, and more!
Everything you love about wdbo.com and more! Tap on any of the buttons below to download our app.
Enable our Skill today to listen live at home on your Alexa Devices!
Sign Up