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[QUOTE="javadoc, post: 4113969, member: 338"]
Purely for the mechanics of it...

Student athletes are already in a weird gray area of the law, I think.  Scholarships being non-taxable - especially in an athletics context where they are in essence a payment in kind for services rendered - has to have been considered by the IRS at some point.  Today we're talking about someone being comped for what can be hundreds of thousands of dollars of services, in exchange for labor and services in return.  That's not "wages, salaries, and tips"?  It's not being treated as such, but isn't that a conscious decision that was made - to grant an exemption for that activity?

Endorsement money would also be taxable income in the WST line atop your 1040.  Right?  And since there is already some fudging going on with that line for student athletes, what's to say there couldn't be further fudging?

I don't see it as a case limited to endorsements, per se.  It's everything that can go into the WST for IRS purposes.
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