lilwayne1

Lil Wayne Owes IRS Over $12 Million In Unpaid Taxes

(AllHipHop News) Sometimes the richest people seem the poorest. Today (March 3rd), a tax lien has been imposed on Lil Wayne to the tune of over $12 million in unpaid taxes.

TMZ reportedly obtained the tax lien which states that Lil Wayne failed to pay taxes for the years of 2011 and 2012. Lil Wayne reportedly owes $5,843,952 in unpaid taxes for 2011 and $6,311,132 for 2012. Lil Wayne made the Top 5 of Forbes’ Hip Hop Cash King list in both of those years with earnings of $15 million in 2011 and $27 million in 2012.

Lil Wayne recently owed $7 million in back taxes for 2008-2009 and paid that amount in 2012.

Lil Wayne has a history of delayed payments as he and his record label Young Money has been sued by producers over unpaid royalties. In 2012 alone, Wayne paid settlements to “Lollipop” producer Deezle and “Love Me or Hate Me” producer David Kirkwood.

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