04-18-2023, 09:07 AM
(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?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?
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?