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A new member of the San Diego Chargers wants the Team to transfer $1,000,000 into an escrow account, in his name, for later withdrawal. The
A new member of the San Diego Chargers wants the Team to transfer $1,000,000 into an escrow account, in his name, for later withdrawal. The player suggests this payment in lieu of the traditional signing bonus. When is the income taxable to him?
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