Athlete signing bonus - Spidell

Athlete signing bonus

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Message Board Athlete signing bonus

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    • #226877
      Anonymous
      Member

      For determining if income to CA or not, does CA go by date the contract was signed? Or when the bonus was received? No prior returns CA were filed as client was not working while in college, but was a resident of CA. Signed a contract, then established residency in another state 6 weeks later. Thank you

    • #227235
      Lynn Freer
      Participant

      A signing bonus is taxable when contract was signed and a playing bonus is apportioned. See The Testaverde appeal. It’s CA Board of Equalization case number 89002465640 2/2/2000

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