If you're a student athlete: you can now earn money from your name, image, and likeness (NIL)! 🎉 But, do you know how to handle the taxes that come with it? 🤔
As a student-athlete, you're considered self-employed and must report your NIL income on your tax return. 💸 This includes money from:
🏈 Sponsorships
📸 Autograph signings
📺 Appearance fees
📈 Merchandise sales
Don't worry, we've got you covered! 🙌 We're here to help you understand your money and taxes. We'll make sure you're taking advantage of all the deductions and credits you're eligible for. 💰
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