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Message: <blockquote data-quote="Pokerbrat2000" data-source="post: 1030053" data-attributes="member: 7261">It isn't just players who have to pay the jock tax. Every team employee who travels—including coaches, doctors, and trainers—must pay their share of the jock tax.  From what I found every US state except five: Florida, Nevada, Texas, Washington, and Tennessee have the tax.The best strategy that I could find is for athletes (their CPA's) keep track of all the days that they are "working in their paid profession" and what State they were in on those days.  They only pay 1 State for each day worked in that State.  For instance if a Packer player reports 3 working days in California, they wouldn't have to report those days as part of their State Income made in Wisconsin.Also interesting to read this:"Section 162(m) of the Internal Revenue Code. This section allows performance-based bonuses to be exempt from the $1 million deduction limit for executive compensation.Players can structure performance-based bonuses based on specific criteria like touchdown passes, rushing yards, or other achievements. By doing this, they not only incentivize their performance but also reduce their taxable income. This strategy has the potential to create substantial tax savings."[URL unfurl="true"]https://www.linkedin.com/pulse/navigating-nfl-player-tax-game-strategies-insights-sherice-mangum-kdsxc[/URL]</blockquote>

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