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Old 04-07-2013   #7
jtexas
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Default Re: Wallace's father says son had > $s with Vikings, but wanted out of Snow & Cold

Quote:
Originally Posted by 2012Champs View Post
Minn state income tax for him 7.85%

Florida 0%


Makes the cut a little less impactful on his net money
This is not quite as good as it sounds. Income earned while playing at home is tax free, but he will pay the "jock tax" on income earned in away game states (with an income tax) which is most of miami's division. This return is a ***** to complete.

Also if he lived in Florida but played for the Vikings, all his endorsement deals would be tax free.
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