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NIL, Transfers, and Stratospheric Salaries. What Is the Future of GT Football and College Football in General?
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<blockquote data-quote="Buzzter" data-source="post: 956189" data-attributes="member: 6396"><p>Tax issues might be overlooked. Beyond federal, state and local taxes on NIL earnings, NIL earnings by an individual earning NIL money while attending a school out of state is also taxable by their home state and local jurisdiction. Whether taxing a Student Athlete's NIL earnings for the pro-rata share of the earnings when they play away games at other states and/or local jurisdictions remains to be seen.</p></blockquote><p></p>
[QUOTE="Buzzter, post: 956189, member: 6396"] Tax issues might be overlooked. Beyond federal, state and local taxes on NIL earnings, NIL earnings by an individual earning NIL money while attending a school out of state is also taxable by their home state and local jurisdiction. Whether taxing a Student Athlete's NIL earnings for the pro-rata share of the earnings when they play away games at other states and/or local jurisdictions remains to be seen. [/QUOTE]
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NIL, Transfers, and Stratospheric Salaries. What Is the Future of GT Football and College Football in General?
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