sentenced <\/a>to a nine-year prison term, along with a $2.5 million restitution order to pay back victims.<\/p>\nGeorge has maintained his innocence and he\u2019s representing himself behind bars in a pending challenge on his case. <\/p>\n
In 2013, the NBA paid George a $208,111 pension distribution, the Tax Court decision noted. When the incarcerated ex-player didn\u2019t file his federal income taxes for that year, IRS officials took it upon themselves to file the return. <\/p>\n
After all its calculations, the IRS said George had a $28,696 unpaid tax balance, the decision said. <\/p>\n
George appealed. <\/p>\n
He said if he had access to all his documents and did his own returns, he might have itemized deductions, which could have been more than the $6,100 standard deduction the
IRS gave him. <\/p>\n
George complained that paying the amount would be a hardship for him and his family. He didn\u2019t offer specifics about the alleged hardship, Halpern noted. <\/p>\n
George represented himself in the Tax Court case. The 51-year-old is being held at a low-security federal prison in Pennsylvania. He\u2019s scheduled for release in September 2021, prison records show. <\/p>\n
An NBA spokesman declined to comment whether George was still receiving his pension. Player pension information was confidential, the spokesman said. <\/p>\n
An IRS spokesman said \u201cas a general rule, we don\u2019t comment on pending litigation.\u201d <\/p>\n<\/p><\/div>\n
[ad_2]
<\/p>\n","protected":false},"excerpt":{"rendered":"
[ad_1] C. Tate George, a four-year NBA player in the 1990s before his 2013 real-estate Ponzi scheme conviction, said the Internal Revenue Service fouled him by filing his taxes while he was locked up. Judge James Halpern wasn\u2019t convinced, writing \u201cthe mere fact that [George] was incarcerated when his return was due is not reasonable […]<\/p>\n","protected":false},"author":348,"featured_media":743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=742"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/743"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}