The IRS is likely to treat the ball as a ‘collectible,’ meaning that it will be taxed at a flat 28% rate.
The post The Fan Who Caught Shohei Ohtani’s 50-50 Home Run Ball May Be Unable To Dodge A Significant Income-Tax Bill appeared first on Above the Law.The IRS is likely to treat the ball as a ‘collectible,’ meaning that it will be taxed at a flat 28% rate.
The post The Fan Who Caught Shohei Ohtani’s 50-50 Home Run Ball May Be Unable To Dodge A Significant Income-Tax Bill appeared first on Above the Law.