IRS To Tax People Who Resell Concert Tickets

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.

Have you ever tried to make money by re-selling tickets? How would you change the current system?

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