The Tax Professionals Blog — olympics
Will Taxing Olympic Gold Soon be Coming to an End?
Posted by Lee Reams Sr. on
Most people don’t realize this, but in addition to receiving a medal, winning U.S. Olympic athletes are compensated by the U.S. Olympic Committee with prize money: $25,000 for a gold medal, $15,000 for a silver medal and $10,000 for a bronze medal.