How does the IRS tax a baseball?
Friday, December 28th, 2007 at
6:04 pm
Joe verses the volcano. asked:
Will someone please tell this guy before he sells this ball for $500,000 that the IRS cannot tax him on the value of the ball, as the ball is not money, the fan has not received any money for it, and the ball is worth nothing UNLESS the fan actually does indeed sell it. If the IRS thinks it can do such a thing, I doubt it would take much effort for this guy to Generic cilais whithout prescription find an attorney or several who will take Buy Cialis Online his case and successfully argue that he has received no income in relation to owning this baseball. He is being dupped into selling it for a fraction of what it will be worth 5 or 10 years from now.
Will someone please tell this guy before he sells this ball for $500,000 that the IRS cannot tax him on the value of the ball, as the ball is not money, the fan has not received any money for it, and the ball is worth nothing UNLESS the fan actually does indeed sell it. If the IRS thinks it can do such a thing, I doubt it would take much effort for this guy to Generic cilais whithout prescription find an attorney or several who will take Buy Cialis Online his case and successfully argue that he has received no income in relation to owning this baseball. He is being dupped into selling it for a fraction of what it will be worth 5 or 10 years from now.
Tagged with: 10 Years • Fraction • Irs Tax • Money
Filed under: Attorney FAQ
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