There aren't many downsides to training for the Olympics but I am definitely in the middle of a downside this weekend-or more appropriately April 16th, tax day.
Unfortunately, the life of an elite athlete in a sport that doesn't involve a ball being thrown around is not a lucrative one. The USOC grants are wonderful until tax day because taxes aren't taken out of the grant until the day you pay taxes and the amount that you are given do not cover the costs of the taxes you have to pay. It's quite the catch-22. The upside, the USFA just provided a results grant to the women's foil team for about $1,000, but I can't cash in because the fencing assocation is having cash flow problems. Hmmm....
This money complaint is fast becoming my new favorite country song, I just need a truck and a dog. Someone recently wrote a check to me through GRAAF, but it turns out the guy who writes the checks at the non-profit has been "out" for about a month. I don't know where he is but I can't even leave him a message on his machine anymore because it's full.
Shall I go on? How about, I feel as though while I am training for the Olympics I feel extremely pressured by all the money I owe for medical bills, taxes, and other bills. I think April 16th is a rough day for everyone but just know that it isn't any easier for an Olympian. I can't tell you how many bills I have stacking up in the corner for medical expenses from x-rays to the cast that was on my hand a few months ago. The US Fencing Association was supposed to pick up the tab for that but their insurance company told me I have a $500 deductible-which means they are only responsible for $200 of the total bill. Great, thanks.
I am not really looking for sympathy so much as a solution. Hopefully I will come through with something before I mail those thick tax return envelopes on Monday.
Good luck to everyone else this tax season.
Subscribe to:
Post Comments (Atom)
4 comments:
Iris,
Welcome to my world. Insurance companies are no fun. :-p
hope things work(ed) out quickly :(
Jacon-
Thanks for the empathy. It's kind of comforting to know that I am not the only one.
--Iris
Taxes are in the mail. Whew!
Post a Comment