Tax bill could impact Notre Dame Football ticket holders
NOTRE DAME —
The new tax bill could impact Notre Dame football season ticket holders.
The South Bend Tribune reports, the law eliminated the 80 percent deduction sports fans may take for seat-license fees.
To be eligible to buy season tickets you have to make an annual donation to the university of a specified amount, based on the location and value of the seats.
It's called a seat-license fee and are a standard feature of big-time college athletic programs.
They could have been claimed as a charitable donation on one's income taxes but not under the new law.
More than 4,500 seats belong to Notre Dame season-ticket holders.