The saga of the NY Yankees fan who caught — and then gave back — the baseball Derek Jeter knocked out of the park for hit number 3,000 continues. First, the team rewarded the fan with memorabilia and luxury box tickets for the rest of the season. Then came reports that he could be on the hook for thousands of dollars in taxes for the freebies. Today he got some potentially good news, as the folks at Miller High Life say they’ll foot the bill for any potential tax liability the guy might have.
“Miller High Life believes you should be rewarded for doing the right thing, not penalized,” a possibly drunk rep for the beer tells ESPN.
Some tax experts have warned that the 23-year-old fan could end up owing anywhere from $5,000 to $14,000 in taxes if the IRS declares the freebies as extra income. Others have said the team only needs to classify the seats and swag as gifts and he’ll be off the hook.
Tax Cat is currently sleeping so we can’t ask him, but we know there are some tax experts reading this. If the fan does get hit with the tax bill and Miller decides to pay, could the IRS still consider the Miller money as additional income?
Thanks to Coffee for the tip