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How to ruin a good day...can you say IRS???

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Wingate1217

Wingate1217

Bring on the next opponent!!
    • The guy gives up most likely a $250k payday and then this happens.....

    http://network.yardbarker.com/mlb/a...or_gifted_seats/5501920?linksrc=mb_main_col_3

    Nobody ruins a feel-good moment like the IRS.
    Christian Lopez, the Yankees fan who caught Derek's Jeter's 3,000th hit, will probably owe the Internal Revenue Service $5,000 to $13,000 in taxes for the estimated $32,000 luxury suite seats the Yankees gave him as a gift, the New York Daily News reports.
    Lopez, who was applauded across baseball for giving back the ball without asking for compensation, again reacted with uncommon maturity.
    "The IRS has a job to do, so I'm not going to hold it against them," the 23-year-old cell phone sales representative told the Daily News. "But it would be cool if they helped me out a little on this."
    First he gives back an invaluable piece of memorabilia without asking anything in return, then bypasses a chance to understandably bash the IRS?
     
    Wingate1217;1952881; said:
    The guy gives up most likely a $250k payday and then this happens.....

    http://network.yardbarker.com/mlb/a...or_gifted_seats/5501920?linksrc=mb_main_col_3

    Nobody ruins a feel-good moment like the IRS.
    Christian Lopez, the Yankees fan who caught Derek's Jeter's 3,000th hit, will probably owe the Internal Revenue Service $5,000 to $13,000 in taxes for the estimated $32,000 luxury suite seats the Yankees gave him as a gift, the New York Daily News reports.
    Lopez, who was applauded across baseball for giving back the ball without asking for compensation, again reacted with uncommon maturity.
    "The IRS has a job to do, so I'm not going to hold it against them," the 23-year-old cell phone sales representative told the Daily News. "But it would be cool if they helped me out a little on this."
    First he gives back an invaluable piece of memorabilia without asking anything in return, then bypasses a chance to understandably bash the IRS?
    Click to expand...

    No good deed goes unpunished....
     
    Upvote 0
    Wingate1217;1952881; said:
    The guy gives up most likely a $250k payday and then this happens.....

    http://network.yardbarker.com/mlb/a...or_gifted_seats/5501920?linksrc=mb_main_col_3

    Nobody ruins a feel-good moment like the IRS.
    Christian Lopez, the Yankees fan who caught Derek's Jeter's 3,000th hit, will probably owe the Internal Revenue Service $5,000 to $13,000 in taxes for the estimated $32,000 luxury suite seats the Yankees gave him as a gift, the New York Daily News reports.
    Lopez, who was applauded across baseball for giving back the ball without asking for compensation, again reacted with uncommon maturity.
    "The IRS has a job to do, so I'm not going to hold it against them," the 23-year-old cell phone sales representative told the Daily News. "But it would be cool if they helped me out a little on this."
    First he gives back an invaluable piece of memorabilia without asking anything in return, then bypasses a chance to understandably bash the IRS?
    Click to expand...

    He's 23. The world has just begun to give him a wedgie. Give him a few years.
     
    Upvote 0
    If he had sold the ball, he would have had to pay taxes on it. In effect, he sold the ball for tickets and souvenirs, ergo...taxable income. It sucks for him, but what can you do?
     
    Upvote 0
    Bucky Katt;1952904; said:
    If he had sold the ball, he would have had to pay taxes on it. In effect, he sold the ball for tickets and souvenirs, ergo...taxable income. It sucks for him, but what can you do?
    Click to expand...

    boycott paying taxes until the government collapses and then burn the IRS buildings down???
     
    Upvote 0
    Gatorubet;1952985; said:
    How coincidental. I'm going to the local IRS office within the hour. Just came back from the bank with the certified check. :smash:
    Click to expand...

    buckeyegrad;1952990; said:
    Wait, what did you do to get a luxury suite from the Yankees?
    Click to expand...

    I don't know for certain, but he did ask me to include kneepads as a deductible business expense on his tax return.
     
    Upvote 0
    Bucky Katt;1952904; said:
    If he had sold the ball, he would have had to pay taxes on it. In effect, he sold the ball for tickets and souvenirs, ergo...taxable income. It sucks for him, but what can you do?
    Click to expand...

    Bullshit, he didn't "sell" the ball for tickets and souvenirs...he gave the ball back and the team in return rewarded him.
     
    Upvote 0
    MililaniBuckeye;1953010; said:
    Bull[Mark May], he didn't "sell" the ball for tickets and souvenirs...he gave the ball back and the team in return rewarded him.
    Click to expand...
    With a little bit of creativity the Yankees should be able to fix it it's all tax free. Like I said, give him 10 grand worth of gifts for 4 years and it should be covered under the gifting code.
     
    Upvote 0
    MililaniBuckeye;1953010; said:
    Bullshit, he didn't "sell" the ball for tickets and souvenirs...he gave the ball back and the team in return rewarded him.
    Click to expand...

    I don't disagree, but the IRS isn't going to look at it that way because that's one of those damnable slippery slopes Ubet keeps mentioning.
     
    Upvote 0
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