Get the free Athletically Related Outside Income - BYU

Athletically Related Outside Income Brigham Young University Athletics ALL NONSECTARIAN/CLERICAL ATHLETIC STAFF: In accordance with Bylaw 11.2.2 this form must be completed by you and turned into

How to fill out athletically related outside income

How to fill out athletically related outside income:

1. Start by gathering all relevant documents and information related to your outside income. This may include contracts, pay stubs, or any other evidence of earnings from athletic activities outside of your main source of income.
2. Carefully review the instructions provided by the organization or institution requiring you to report athletically related outside income. Make sure you understand what constitutes as "athletically related" and any specific guidelines or limitations that may apply.
3. Fill out the required forms or documents accurately and completely. Provide all necessary details about your outside income, including the source, amount, and frequency of payments. Be sure to double-check for any errors or omissions before submitting the forms.
4. If there are any additional supporting documents required, such as tax returns or bank statements, gather and attach them as required. Make sure these documents are clear and legible.
5. If you're unsure about any specific information or have questions about how to fill out the forms correctly, it's advisable to seek guidance from a professional, such as a financial advisor or accountant with experience in athletics-related income reporting.

Who needs athletically related outside income:

1. Student-athletes: If you are a college or high school student-athlete, you may need to report any income earned from athletic activities outside of your school or team.
2. Professional athletes: Athletes who are part of professional leagues or organizations may also need to disclose any outside income they earn through endorsements, appearances, or other athletic-related ventures.
3. Coaches and trainers: Individuals working in the sports industry as coaches or trainers may be required to report any additional income earned outside of their coaching or training role.
4. Sports organizations or leagues: Institutions or governing bodies overseeing sports may require athletes, coaches, or other individuals involved in athletics to disclose any outside income to ensure transparency and compliance with rules and regulations.

It's important to note that the specific requirements and regulations concerning athletically related outside income may vary depending on the governing body or organization you are affiliated with. Therefore, it's crucial to refer to the guidelines provided by your organization or consult with the appropriate authorities for accurate and up-to-date information.

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