Cost James Harrison Pays To Maintain His Body Will Lead To Tax Deductions

Jason Bridge-USA TODAY Sports

James Harrison is just another example why athletes live on another world from the rest of us.

There are times when professional athletes disassociate themselves from the mainstream population of America. Well, besides having athletic talent, more money than you, mental toughness and an infinite determination to "make it." And since their bodies are to them what a plane to a pilot, a racecar to a driver, players have to take care of themselves in ways that normal people wouldn't realize.

Take James Harrison for example; newest linebacker for the Cincinnati Bengals. During his press conference this week, Harrison told local reporters that he spends half-a-million on maintenance of his body.

"My body is what helps me to make money," Harrison said. "Whatever there is that I need to do to try and make myself better or get myself healthy, I’m going to do it. It wouldn’t be unreasonable to say that I spend anywhere between $400,000-$600,000 on body work, as far as taking care of my body, year-in and year-out."

Forbes.com breaks it further down.

When you consider that Harrison earned over $9,000,000 in 2012 as a member of the Pittsburgh Steelers, his body work bills constitute a whopping 5.5% of his total compensation. To put that in perspective, if you earn $100,000 annually, you would have to plunk down $5,500 a year over at Madam Camae’s Filipino Palace to keep pace with Harrison.

Fortunately for Harrison, these costs actually constitute various breaks, especially in Cincinnati.

Section 162(a) allows a deduction for the ordinary and necessary expenses paid or incurred in carrying on a trade or business, including the trade or business of being an employee. Treasury Regulation Section 1.67-1T(a)(1)(i) further provides that an employee may deduct as an "other miscellaneous deduction" certain unreimbursed employee expenses. The regulations go on to provide as examples of deductible employee expenses costs incurred for transportation, lodging, meals, continuing education, union dues, professional uniforms, and job hunting costs if not reimbursed by the employer.

Thus, if an employee’s ordinary and necessary business expenses exceed the amounts received from his employer as advances or reimbursements, the employee is entitled to a deduction for such excess, if adequately substantiated. Unfortunately, Section 67 limits the benefit of the deduction, providing that unreimbursed employee expenses, as well as other miscellaneous itemized deductions, are only deductible to the extent they exceed 2% of the taxpayer’s adjusted gross income (AGI).

Just another reason that professional athletes live in a different world than us.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Cincy Jungle

You must be a member of Cincy Jungle to participate.

We have our own Community Guidelines at Cincy Jungle. You should read them.

Join Cincy Jungle

You must be a member of Cincy Jungle to participate.

We have our own Community Guidelines at Cincy Jungle. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9341_tracker