Fan who handed over Derek Jeter's historic 3,000th-hit ball, will owe the IRS...

[BAMAPHIN 22]

No good deed goes unpunished - the fan who handed over Derek Jeter's 3,000th-hit ball will owe the IRS thousands, tax pros said Monday.

Christian Lopez, 23, will probably be on the hook for $5,000 to $13,000 because of the luxury seats the grateful Yankees gave him, the accountants said.

"He's a great guy," says Terry Ganer, a die-hard Yankees fan and accountant for Ganer Grossbach & Ganer in midtown. "But I'm pretty sure the tax man, unfortunately, is not a Yankee fan and will not look at this so sympathetically."
Lopez says he'll pay - but he wouldn't mind a little help.

"Worse comes to worse, I'll have to pay the taxes," he told the Daily News on Monday. "I'm not going to return the seats. I have a lot of family and friends who will help me out if need be.

"The IRS has a job to do, so I'm not going to hold it against them, but it would be cool if they helped me out a little on this."

http://www.nydailynews.com/ny_local...k_jeters_historic_3000thhit_ball_will_ow.html

 

[Tunaphish429]

Sell the seats, pay or go to jail like Wesley Snipes.

 

[Bumpus]

Death and Taxes.

 

[nyjunc]

I would hope the Yanks or Jeter would pay those taxes for the man.

 

[dreday]

i would have said maybe they can talk about it at the all-star game,but i guess jeter won't be there...

 

[Dolfan3773]

Sucks for him, I would of taken the ball

 

[jree]

I would hope the Yanks or Jeter would pay those taxes for the man.

I don't know how it is in NY but here in FLA I'm almost positive the only time you don't get taxed for a monetary gift is if its under $10k from a family member. I'm pretty sure that he'd get taxed on the gift recieved from the Yanks or Jeter if they paid for his debt.

 

[nyjunc]

http://www.bloomberg.com/news/2011-...-loan-help-from-yankees-sponsor-modell-s.html