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Could Players Cheat The Tax Code?
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(04-18-2023, 07:21 AM)BFritz21 Wrote: NFL contracts are taxed at 37%, but bonuses are only taxed at 22% until they hit a million dollars, so why don’t they just classify any money outside of what’s guaranteed as a bunch of bonuses for less than a million dollars?

It could be something as easy as listing it as a bonus for practices practiced or games played.

Or is it over a million for the entire year and not just individual paychecks?
What does it matter?  If you owe 37 % on your total income at the end of the year and have not paid in that amount then you will owe the man.  Have you never filed taxes?
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RE: Could Players Cheat The Tax Code? - spazz70 - 04-18-2023, 09:07 AM

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