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It’s True! Olympians Have to Pay Taxes on the Medal(s) They Win


Yup. It’s is true. Olympians do have to pay taxes on their winnings. Did you know they also get money with their medals? $25,000 for a Gold medal, taxes for that are almost $10,000. $15,000 for a Silver medal. Taxes for that almost $6000. And Bronze winners pay almost for $4000 for the $10,000 that comes with a bronze medal. Fair or not? I’m pretty sure someone steps up and pays it. At least some of it.

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