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March 13, 2022
Question

Tax Implications for Professional Basketball Who Lives in the USA but Plays Overseas

  • March 13, 2022
  • 1 reply
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I signed a contract for $100,000 for 2 years with professional basketball who's main residence is in Miami but we play overseas. How will taxes work for me the next 2 years? Will I have to pay foreign tax?

1 reply

fanfare
Employee
March 13, 2022

Ask your new employer that question, but if you do have to,

you get a credit for that tax on your federal tax return.