". In 2011, Derek Jeter hit a home run to become the twenty-eighth man to exceed 3,000 hits. This presented an interesting set of tax questions for the fan who caught the ball. In each case below, what are the tax consequences for the fan who caught the ball?

a. The fan gives the ball back to the player who hit it.

b. The fan keeps the ball and holds onto it until he dies.

c. The fan gives the ball to a charity, and the charity sells the ball for a profit.

d. The fan sells the ball immediately.

e. The fan sells the ball after holding it a year. "