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DegenGolfer t1_iztb7ml wrote

Reply to comment by sfitz0076 in NFL levies $550,000 in fines for allegedly fake Cam Jordan injury on Monday night by Vazhox

Usually the team picks it up

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raktoe t1_iztq8wb wrote

Might be a sizeable taxable benefit on his tax return though. Not close to $50k, but not nothing.

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hampsted t1_izvqwmt wrote

Even if it’s tax deductible, the end result is the same. He’s out $50k. Just less of his earnings are taxable.

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raktoe t1_izx08fo wrote

I meant if the team pays it on his behalf, he would receive a taxable benefit. I.e. his taxable income would actually increase by $50,000.

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