11/16/2007 04:13:00 AM

Jeter Accused of Living In New York City...

Posted by Mark McCray |

ALBANY, N.Y. (AP) -- New York tax officials say Derek Jeter should have been taxed as a state resident from 2001-03, which potentially could cost the Yankees captain millions of dollars.

Jeter says he is a Florida resident, but the State Division of Taxation of Finance argues that he had a New York residence during that period.

Jeter was given notice in February, then filed a petition for redetermination. In a five-page order from Administrative Law Judge Timothy J. Alston that was dated Nov. 7, the division was told to furnish Jeter with a more detailed bill specifying his "community involvement in jurisdictions other than Florida" and "public statements regarding his desire to be in New York."

Alston also asked the agency to give specifics of its "vague claim" that Jeter became "immersed in the New York community." He accepted the department's assertion that Jeter had "items near and dear" in his New York apartment.

Florida does not have a state income tax, while New York state and city do have income taxes.

"As a Yankee, Derek has great affection for the people of New York and its amazing fans, but since the mid-1990s, he has made his home in Tampa, Florida," Jeter's agent, Casey Close, said in a statement.

The case was first reported by FoxNews.com.

Jeter's contract with the Yankees called for him to receive salaries of $11 million in 2001, $13 million in 2002 and $14 million in 2003. In addition, he has a $16 million signing bonus payable between February 2001 and June 2008.

Jeter purchased an apartment at Trump World Tower in October 2001, according to New York City real estate records.

Check out the hilariousness of the entire case here.....Jeter's Court Case


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