Discussion:Tax Consequences of Catching Bonds Record Home Run?

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Revision as of 22:00, 6 August 2007

Discussion Forum Index --> Tax Questions --> Tax Consequences of Catching Bonds Record Home Run?

Toby Joplin (talk|edits) said:

6 August 2007
In the spirit of the season, I am curious what my colleagues believe the tax consequences will be for the lucky fan that catches Barry Bonds' record setting home run. I have seen a couple of opinions on various blogs like Tax Prof Blog and The Wall Street Journal. But I am curious how the pros on TaxAlmanac would advise the recipient if he happens for be one of your clients.

Your thoughts?