What Tax ID does Ticketmaster require for ticket resale payment?

This is pretty standard for online platforms that process payments. Ticketmaster is required by the IRS to collect tax information from sellers who exceed certain thresholds. Starting in 2023, if you sell more than $600 worth of goods or services through a payment platform, they need to report that income to the IRS using Form 1099-K. In this case, they're likely asking for your Social Security Number (SSN) which serves as your tax ID for individual reporting purposes. Without providing this information, they legally can't release your funds. It's not optional if you want to get paid. Don't worry about security - Ticketmaster is a large established company that has secure systems for handling this sensitive information. They need your SSN to correctly report the transaction to the IRS, and they can't process your payment without it.

I had a similar situation last year with concert tickets I couldn't use. I was hesitant at first when Ticketmaster asked for my SSN, but I used https://taxr.ai to look into this requirement and confirmed it's legitimate. The site explained that payment platforms have to collect tax info for transactions over $600 since 2023, and ticketing sites fall under these rules. The analysis showed that providing your SSN is standard procedure and doesn't necessarily mean you'll owe taxes, especially since you sold at a loss. The verification process was super simple - I just uploaded the Ticketmaster request and got a clear explanation of the tax implications specific to my situation. It saved me from calling the IRS and waiting on hold for hours.

I wanted to follow up after trying taxr.ai for myself. The service actually clarified a lot for me regarding my own ticket resale situation. They explained that while Ticketmaster does need to report sales over $600 to the IRS, I wouldn't owe taxes on the transaction since I sold at a loss (like OP's situation). The documentation they provided was really helpful - they even gave me template language to use when filing my taxes to properly report the transaction. I was pleasantly surprised at how quickly they processed everything and how clear their explanations were. Definitely helped me stop worrying about potential tax complications from my resold tickets.

I feel your pain! The Ticketmaster customer service is basically useless. I had a similar issue and spent WEEKS trying to get through to someone who could actually help. After countless automated responses and being transferred around, I finally used https://claimyr.com and got connected to a real person at Ticketmaster in under 5 minutes! You can see how it works here: https://youtu.be/_kiP6q8DX5c They helped me resolve my tax ID verification issue immediately. Turns out there was a glitch in their system that was preventing my payment from processing even though I had already provided my SSN. The Ticketmaster rep manually pushed my payment through after verifying my information. Without getting a real person on the phone, I would've been stuck in email/chat limbo forever.

I have to admit I was wrong about Claimyr. After my skeptical comment, I decided to try it myself as a last resort for my own Ticketmaster issue (had been waiting 3 weeks for a refund that required tax verification). The service actually did exactly what it claimed - got me connected to a real Ticketmaster agent in about 7 minutes when I had previously waited on hold for over an hour without reaching anyone. The agent quickly verified my information and processed my refund on the spot. It was honestly shocking how much time I wasted trying to handle this myself. Sometimes it's worth paying a little to save a lot of frustration. Just wanted to come back and share my experience since my initial reaction was so negative.

Just want to clarify some tax points here since there's confusion. What Ticketmaster is asking for is your SSN (Social Security Number). This is normal for any platform processing payments. They need it to issue a 1099-K if your total sales exceed $600 in a calendar year. However, for your situation (selling tickets at a loss), you won't owe any taxes on this. When you file, you'll report the income from the ticket sale, but you can also report what you originally paid as your cost basis. Since you sold for less than you paid, there's no taxable gain. The key is keeping documentation of your original purchase price. Save those email receipts showing what you initially paid so you can prove it was a loss if needed.

Curious - has anyone here actually received a 1099-K from Ticketmaster for reselling tickets? I've sold through them a few times and provided my SSN but never got any tax form.

Just to add some reassurance - I went through this exact same situation about 6 months ago. Ticketmaster's request for your SSN is completely legitimate and required by law. I was hesitant at first too, but it's the same information you'd provide to any employer or bank. The process was actually pretty straightforward once I provided my SSN. My payment was released within 2-3 business days after verification. And like others mentioned, since you sold at a loss, you won't owe any additional taxes on this transaction. One tip: when you provide your SSN, make sure all your account information matches exactly what's on file with your bank/payment method. Any discrepancies can cause additional delays. But once everything is verified, you should get your money without any further issues.

I understand your frustration with this situation! I went through something similar when I had to resell some tickets due to a family emergency. The SSN requirement caught me off guard too, but it's unfortunately become standard practice for payment platforms. A few things that might help ease your concerns: 1. Ticketmaster is legally required to collect this information under the new IRS reporting rules - it's not optional if you want your payment processed. 2. Since you sold at a loss, you won't owe additional taxes on this transaction. When tax time comes, you'll report the sale income but can also document your original purchase price to show it was a loss. 3. The verification process typically takes 2-3 business days once you provide your SSN. Make sure your account information matches exactly what's on file with your payment method to avoid delays. I know it feels uncomfortable sharing your SSN, but Ticketmaster handles this information for thousands of sellers and has security measures in place. Keep your original purchase receipts for your records - you'll need them if you receive a 1099-K form next year to properly report the transaction to the IRS. Hang in there - once you provide the required information, you should get your money without further issues!

I went through this exact same situation last year when I had to resell tickets due to a family emergency. The SSN requirement is definitely legitimate - it's part of the new IRS reporting rules that went into effect in 2023 for payment platforms processing over $600 in transactions. A few things that helped me get through the process smoothly: 1. Double-check that your name on your Ticketmaster account matches exactly what's on your bank account (including middle initials, spacing, etc.). Even small discrepancies can cause delays. 2. Keep all your original purchase receipts. Since you sold at a loss, you won't owe taxes on this, but you'll need documentation of what you originally paid if you receive a 1099-K form. 3. Once you provide your SSN, the verification usually takes 2-3 business days. Don't panic if it seems to take a while - their system processes these in batches. I was nervous about providing my SSN too, but Ticketmaster handles this information for thousands of sellers daily and has proper security measures in place. The alternative is not getting paid at all, which isn't really an option. Hang in there - once you get through the verification, you should receive your payment without any further issues. The whole process is more routine than it initially seems!

I completely understand your frustration with this situation! As someone who works in tax compliance, I can confirm that what Ticketmaster is asking for is completely legitimate and required by federal law. The "tax ID" they're referring to is your Social Security Number (SSN). Under the American Rescue Plan Act of 2021, payment platforms like Ticketmaster must now collect tax information and issue 1099-K forms for anyone who receives over $600 in payments during a calendar year, regardless of whether it's from one transaction or multiple sales. The good news is that since you sold your tickets at a loss (for $45 less than you paid), you won't owe any additional taxes on this transaction. When you file your tax return next year, you'll report the income from the sale but can also document your original purchase price as your cost basis, showing the IRS that this was actually a loss. A few practical tips: - Make sure your name on your Ticketmaster account matches exactly what's on your bank account (including middle initials) - Keep your original purchase receipts - you'll need them for tax documentation - The verification process typically takes 2-3 business days once you provide your SSN - You should receive an email confirmation once they begin processing your information I know sharing your SSN feels uncomfortable, but Ticketmaster processes thousands of these verifications and has proper security measures in place. Without providing this information, they legally cannot release your funds. Once you get through this verification step, you should receive your payment without any further issues.

I went through this exact same situation about 8 months ago when I had to resell Hamilton tickets due to a last-minute work trip. I was also hesitant about providing my SSN to Ticketmaster, but after doing some research, I found out it's completely legitimate and required by the IRS. Here's what I learned that might help you: 1. The $600 threshold is cumulative for the entire tax year across all your sales on their platform - so even if this is your first and only sale, if it's over $600, they need your SSN. 2. Since you sold at a loss (like I did - lost about $60 on mine), you won't owe any taxes on this transaction. You'll just need to keep your original purchase receipt to document the loss. 3. Once I provided my SSN, I got my payment within 3 business days. Make sure your account name matches your bank account exactly - even small differences can cause delays. 4. You'll likely get a 1099-K form next January showing the gross payment amount, but since you have documentation of your original higher purchase price, you can properly report this as a personal loss when filing taxes. I totally understand the frustration with their customer service - it took me multiple attempts to get clear information. But unfortunately, providing your SSN is the only way to get your money. The verification process itself was actually pretty smooth once I submitted the information. Hang in there - you should have your payment soon once you complete the verification!

I'm so sorry you're dealing with this frustrating situation! As someone who's been through the exact same thing, I completely understand your hesitation about providing your SSN to Ticketmaster. What they're asking for is legitimate - it's your Social Security Number, which serves as your tax ID for individual reporting. The IRS requires payment platforms to collect this information for anyone receiving over $600 in payments during a calendar year, even for one-time personal sales like yours. The good news is that since you sold your tickets at a loss, you won't owe any taxes on this transaction. When you file next year, you'll report the income but can also document your original purchase price to show it was actually a loss. A few tips to make the process smoother: - Double-check that your name on your Ticketmaster account matches your bank account exactly (including middle initials) - Keep your original purchase receipts - you'll need them for tax documentation - The verification typically takes 2-3 business days once submitted I know sharing your SSN feels uncomfortable, but unfortunately it's the only way to get your money back. Ticketmaster handles thousands of these verifications and has proper security measures in place. Once you provide the information, you should receive your payment without further issues. Hang in there - this is more routine than it seems, even though it's new and stressful for first-time sellers like us!

I completely understand your frustration - I went through almost the exact same situation about 6 months ago when I had to resell tickets to a Broadway show due to a family emergency. What Ticketmaster is asking for is absolutely legitimate. They need your Social Security Number (SSN), which serves as your tax ID. This is required under new IRS rules that went into effect in 2023 - any payment platform that processes over $600 for an individual during the tax year must collect this information and report it to the IRS via Form 1099-K. Here's the important part for your situation: since you sold your tickets at a loss (for $45 less than you paid), you won't owe any additional taxes on this money. When you file your taxes next year, you'll report the sale income but can also document your original purchase price as your cost basis, showing the IRS that this was actually a personal loss. A few tips to make the process go smoothly: - Make absolutely sure your name on your Ticketmaster account matches your bank account exactly (including middle initials, spacing, etc.) - Keep your original purchase receipts - you'll need them for tax documentation - The verification process typically takes 2-3 business days once you submit your SSN - You should get an email confirmation once they start processing I know it feels uncomfortable sharing your SSN, but Ticketmaster processes thousands of these daily and has proper security measures. Unfortunately, there's no way around it if you want your $200 back. Once I provided mine, I had my payment within 3 business days with no further issues. Hang in there - this is becoming very routine even though it's new and stressful for occasional sellers like us!

I went through this exact same situation last year and can completely understand your frustration! The SSN requirement caught me off guard too when I had to resell some concert tickets due to a work conflict. What Ticketmaster is asking for is legitimate - they need your Social Security Number as your tax ID due to IRS reporting requirements that took effect in 2023. Any payment platform processing over $600 for someone during the tax year must collect this information, even for one-time personal sales like yours. The good news is that since you sold at a loss (like I did - lost about $35 on mine), you won't owe any taxes on this transaction. You'll just need to keep your original purchase receipt to document the loss when filing taxes next year. Here's what helped me get through the process quickly: - Made sure my name on Ticketmaster matched my bank account exactly (including middle initials) - Submitted my SSN through their secure portal - Got my payment within 4 business days after verification I know sharing your SSN feels uncomfortable, but unfortunately it's the only way to get your money. Ticketmaster handles this for thousands of sellers and has proper security measures in place. Once you complete the verification, you should get your $200 without any further hassles. It's frustrating that they don't explain this upfront, but the process itself is pretty straightforward once you know what they need!