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He's gone stay.I still don’t know if he is gone or staying?? 🤷🏻♂️
You can lie on your federal tax filing, but if you're audited, you're in trouble.That would be a W-2. NIL isn’t a W-2 tax situation. It’s up to the athlete to self tax on 1099. Probably should pay quarterly so it’s not one huge lump sum. They are going to have to hire agents and accountants to keep up. There goes 10% of money after the 20%+ they have to pay in taxes.
Pretty sure if anyone gets more than $20,000 and they don’t file or say they made Pennies they will get audited. But I’ve only left a job I only had for a month or so off of a year. So not sure the likelihood of getting busted but I wouldn’t try to get away with it if I were them.You can lie on your federal tax filing, but if you're audited, you're in trouble.