Range

59!!!!!! Let’s goooooo One of 15… will do a breakdown later

Ever wondered about how I was taxed from my win in France and my actual take home? Post sponsored by my new hat sponsor @range_finance

While traditional wealth management keeps everything behind closed doors with quarterly meetings, big words and hidden fees, @range_finance built something radically transparent: - Your complete financial picture in one app - AI that answers questions whenever they come up - Real-time tracking of every dollar invested or spent - 0% AUM fees

Go check out Range.com to see just how much of your wealth needs a transparent partner. Disclosure: Non-client promoter providing paid endorsement of Range Advisory, LLC. Compensation creates a conflict of interest. Not investment advice. Visit bit.ly/3TC5VfM for details.

New Profile Pic!!!! Letsss goooooo! 🇫🇷🇫🇷🇫🇷

The @Range_finance team showed up and went -2 in 4 holes! Need you guys to follow me the next 36!

Taxes after deductions: ~$1.5 million federal (at a 37% rate) + ~$160k state (at 4% average rate, varies by state) = $1.6 million to the IRS We pay state income tax based on the state we earned money in. For ex. The difference between winning the ATT pebble beach and Arnold Palmer Bay hill is 478k (without deductions) There are other possible tax complications but let’s keep it somewhat simple - Net Earnings: ~$3.4 million This is obviously without endorsement deals which can vary greatly between players.

Taxes and costs eat into tournament winnings. Here’s a breakdown of how far these costs might go 👇: - Caddie (differs for each player/caddie): ~8% of earnings + ~$2,000 base x 25 tournaments = $450k - Travel, Hotel and Food: ~$5,000 per week x 25 tournaments = $125k (Can be much more if you fly private) - Coach/Trainer/Physio: ~6% of earnings + salary = $400k Total tax deductible costs: ~1m

Before I get into the details 😉: I partnered with Range.com because they do a great job at all things money. Unlike traditional wealth managers, Range harnesses AI to offer an all-in-one online wealth management solution with 0% AUM fees. Check out Range by chatting with the team here: range.com/public/registratio…  #ad #sponsored Disclosure: Non-client promoter providing paid endorsement of Range Advisory, LLC. Compensation creates a conflict of interest. Not investment advice. Visit bit.ly/3TC5VfM for details.