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Channel: Comments on: U.S. Athletes Owe IRS $8,986 Per Gold Medal
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By: NH Sarge

The cat is out of the bag. Now you know why the IRS has all those armored cars, it for the cowardly idiots that designed the code for us to be involuntarily taxed to hide in when they take all your stuff

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By: willhen50

If they get a cash stipend, then they should pay the taxes, however, I am sure they can find plenty of write offs, equipment, costumes, training, no income; heck, they could actually get more cash back...

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By: Dark Patriot

Abe instituted income tax. That makes us all slaves of the state.

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By: Dark Patriot

Sorry! Losses are limited to 3 years and $3000 per year.

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By: jim

having to pay $9,000 to goverment for each 1 st place makes me wounder why try at all

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By: Dan Gray

The poster claiming this is a made up story is a complete idiot! The IRS will demand payment of taxes on ANY amount that the athletes win no matter if it was made outside the country or not. And if...

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By: Bob Riggs

Snopes.com says “Partially True,” IF the medalists are taxed by the IRS on the $25,000 a gold medalist receives from the U.S. Olympic Committee and he/she falls in the 35% tax bracket. The gold medal...

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By: Dan Gray

Total fact according to the IRS http://www.irs.gov

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By: Dan Gray

What are you talking about? You DO NOT pay a second tax on anything when you move from state to state, the ONLY thing you pay for is a new license from that state and that is required for you to drive...

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By: Dan Gray

Try the 16th Amendment of the US Constitution and Article 1 of same.

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