I just got this email. They now want me to PAY MORE INCOME TAXES on my ALREADY TAXED INCOME which I used to buy my tickerts,. IRS FORM 1099 will require me to report my ticket sales AS INCOME. I ALREADY paid all Local, State and Federal taxes on the money I used to buy my tickets. Now I will be forced to pay ALL of those taxes a SECOND TIME... I don't think so..... Based on your previous sales history, you are likely to reach the new $600 threshold in 2022. We encourage you to prepare for your future sales by inputting your TIN as soon as possible into your StubHub Account. To enter your TIN: Beginning January 1, 2022, sellers who reach the $600 threshold and do not have TIN information on file will receive an email alerting them to update their information. Payment will be withheld from sellers until TIN information is provided. If you meet these reporting requirements, we’ll generate a 1099 and send it to you via U.S. Mail at the beginning of each year. The same information will be sent to the IRS and state tax agencies where applicable (e.g., Massachusetts, Vermont)..
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