Reply to "2020 High School players signing as Undrafted Free Agents"

MidAtlanticDad10,000+ posts

@roothog66 posted:
The above was based on 2019 brackets. The 2020 tax brackets shift a bit and would actually make the tax burden slightly lower, but I'm not going to redo the math.

All good info and important to understand, but the taxable portion of your tuition reimbursement will be taxed at your highest rate, right? I would still encourage any kid to take advantage of it, but just know that part of it will be treated like taxable income.

6/17/203:41 PM

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