$8,986: The amount an Olympic gold medal winner owes to the IRS in taxes for the $25,000 honorarium that comes with the medal, according to Americans for Tax Reform. The figure includes the tax on the value of the gold in the medal.
$2: The amount owed by bronze medal winners for the bronze itself, plus $3,500 in taxes for the $10,000 honorarium. Sen. Marco Rubio, R-Fla., proposed a bill Wednesday that would exempt the Olympic honoraria and the value of the medals from federal taxes.
