Derek Jeter Pays Retirement Gift Tax Bill in Two Innings

Derek Jeter Pays Retirement Gift Tax Bill in Two Innings

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The transcript discusses the tax implications for New York Yankees star Derek Jeter on gifts received during his farewell tour, including a $6,000 kayak. Jeter's career earnings are highlighted, noting that a $16,000 tax bill equates to just two innings of work. Additionally, Steiner Sports is selling Jeter memorabilia, including a blue sock priced at $410.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the gifts Derek Jeter received during his farewell tour?

A kayak

A luxury car

A private jet

A diamond watch

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did the kayak gifted to Derek Jeter cost?

$7,500

$6,000

$4,500

$3,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much has Derek Jeter earned in his Major League career?

$265 million

$200 million

$300 million

$100 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the cost of Derek Jeter's tax bill for the gifts he received?

$10,000

$16,000

$12,000

$14,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the price of the old sock being sold as part of Jeter's memorabilia?

$510

$200

$410

$310