Tuesday, February 11, 2014
The Tax Treatment of American Olympic Medal Winners
ABC News, Should US Olympians Pay Taxes on Medals?
- Americans for Tax Reform, Achieve Olympic Glory -- Now Pay the IRS
- Atlanta Journal-Constitution, Pay the Piper: U.S. Medalists Face Hefty IRS Bill for Their Olympic Glory
- Daily Caller, Why the IRS Should Keep its Mitts Off the Winter Olympics
- Forbes, Win Olympic Gold, Cash, Then Endorsement Payday, by Robert W. Wood
- Fox News, The Price of Gold: Taking First Place in Olympics Could Cost US Stars as Much as $10G in Taxes
- Texas GOP Vote, Going for Olympic Gold: Removing the Tax Burden from Team USA
- Town Hall, Gold Medalists Will Owe the IRS Big Time
- Yahoo! Sports, Here Are the Taxes Team USA Medalists Can Expect on Their Prize Money
https://taxprof.typepad.com/taxprof_blog/2014/02/tax-treatment.html
The phrase:
"The U.S. Olympic Committee awards its athletes $25,000 for gold, $15,000 for silver and $10,000 for bronze. And it’s all considered taxable income."
is used twice, by two different authors, in two different articles.
Posted by: HTA | Feb 11, 2014 7:16:01 AM