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Tag Archives: Collectibles
Taxes $200,000, Collectibles 756
The Associated Press is reporting that Barry Bonds’ 756th home run ball will be auctioned. Matt Murphy, the man who caught the ball, has consigned the ball to Sotheby’s SCP Auctions. The ball is expected to be worth over $500,000. … Continue reading →
So You Catch Barry Bonds’ 756th Homer…Did You Just Lose $100,000?
An interesting article this morning in the Wall Street Journal: What are the tax implications of catching Barry Bonds’ 756th home run? Sometime in the next few weeks some lucky fan will likely catch the ball. (There’s always the chance, … Continue reading →
Posted in IRS
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Tagged BarryBonds, Collectibles
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Comments Off on So You Catch Barry Bonds’ 756th Homer…Did You Just Lose $100,000?