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re: Jimbo Fisher sits down with KSAT 12's Greg Simmons, addresses NIL drama
Posted on 5/23/22 at 1:44 pm to aTmTexas Dillo
Posted on 5/23/22 at 1:44 pm to aTmTexas Dillo
quote:
Not an IRS function dumbazz
You might want to research what the IRS does and does not do. Especially before making yourself look like what you are calling others.
Remember collectives are entities whether for profit or not that fall under the jurisdiction of the IRS. Also all NIL earning has to be reported to the IRS as well.
So again use google next time.
1
Posted on 5/23/22 at 5:17 pm to TideWarrior
No matter what a kid calls himself, student, whatever. I am SURE if they are knocking down a million plus a year to play college football, the IRS is going to want their PART. It is income for a job performed. He will have to pay taxes. Underreporting and shite is going to happen and those IRS Baws are going to go digging. Better than a Rollercoaster!
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