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The jock tax and tax write-offs for self-employed athletes
- Athletes and other sports professionals may face income taxes when earning money while working in different states or jurisdictions.
- The jock tax mainly affects people who earn income in multiple states and is based on taxing income where it is earned.
- Not every state imposes a jock tax.
- Self-Employed athletes may deduct ordinary and necessary business expenses, but should consult a tax professional about fitness-related costs.
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33 Articles
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The jock tax and tax write-offs for self-employed athletes
Intuit TurboTax reports on the jock tax for athletes earning income across states. Self-employed athletes can claim various tax write-offs to reduce taxable income.
Coverage Details
Total News Sources33
Leaning Left3Leaning Right0Center30Last Updated91% Center
Bias Distribution
- 91% of the sources are Center
91% Center
C 91%
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