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Message: [QUOTE="retro44, post: 1100382, member: 587"] students can't go tax exempt when working also...they need to file. Then there is the payroll tax. A smart business student might just want to challenge this in federal court if the players get tax exempt money. I listened to a former business student on talk radio yesterday who did this subject in a business class investigating the tax code and laws could not figure out how to avoid taxes on cash distributions when the players keep referring as college sports as a big business. I know guys who go flat 50 on high overtime jobs and the IRS starts knocking at their doors. [/QUOTE]