Posts Tagged ‘Yankees’


So if I Catch a "Baseball", I May Owe Taxes to the IRS?

Recently in baseball, a Yankee fan caught Derek Jeter’s 3,000th hit ball and now he may have to pay the Internal Revenue Service (“IRS”) tax money on the few gifts the Yankees gave him.  These items included tickets, signed bats, baseballs, and three signed jerseys.  The tax bill may be as high as $13,000!


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