Quote:
Originally Posted by 63corvette
If you notice I said it explains it "to an extent".
We can all read between the lines.
The sportsman racer is probably done with a $10,000 fine.
I would be.
Unless you have a very good sponsor to pay that kind of fine you would have to be done.
My sponsor "The Kids Inheritance" could not stand that kind of a hit.
Rick in TX
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Do any tax folks on here know if your sponsor pays your fine is that now income?