HasaniJ
Employee Tax Expert

Self employed

These registration fees are income to someone or an entity.  If you are not the owner of these sport teams I would not recommend collecting fees in your name.  If you do you will receive a 1099 to be used in your next tax filing.  If you have to receive them personally you will get the opportunity to add expenses for the equipment purchased which should zero out the income and not produce any additional taxes for you.

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