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07-25-2011, 07:40 AM #1
- Join Date
- Nov 2005
- Posts
- 1,501
Should Jeter Pay taxes on his gift?
If it's understood that Christian Lopez has to pay taxes on the unasked for gifts received from the Yankees,why doesn't Derek Jeter have to pay taxes on receiving a ball/gift that is worth arguably anywhere from $25,000 on up?