Beyonce owes $2.7M in back taxes
18K views
Apr 26, 2024
#Beyonce #JayZ #AllHipHopTV
View Video Transcript
0:00
Peace y'all, it's your boy Johnny Fastlane here with AllHipHop.com
0:03
So, the IRS is saying that Beyonce owes $2.7 million in back taxes. Let's talk hip hop
0:12
Aight, yo, this situation is crazy, right? Because the IRS is saying that Beyonce owes
0:17
$2.7 million in back taxes, right? So the whole situation seems like it's coming from
0:23
money that she owed from 2018 and 2019, right? It's about $850,000 that she owes from 2018
0:31
in back taxes. And of course, there are late fees and stuff on top of that. And then 2019
0:36
they're saying that she owes $1.4 million in back taxes and of course, late fees and things
0:41
on top of that, right? The whole situation is crazy, right? So of course, Beyonce, she reacted
0:46
to this. And basically, her team is saying that the $800,000 from back in 2018, those were
0:53
charitable donations. So she's actually owed that money back from the IRS. And then also from 2019
1:00
that money is wrapped up in her business, right? And I mean, you guys know how millionaires do
1:05
They file all this kind of different kind of paperwork so that they do not have to pay taxes
1:09
at all. I mean, Donald Trump did it. Even Jay-Z says that he barely pays taxes. And since Beyonce
1:15
is Jay-Z's wife, I'm guessing that she's trying to pull a Jay-Z move, right? She got to get a
1:19
better accountant or something like that because now they got her in the hole for $2.7 million
1:24
but I'm sure that they'll figure everything out, right? And of course, Beyonce, she is not
1:28
obligated to pay any of this until a judge makes a final ruling on this money. So we'll see what
1:34
happens. She's currently in litigation with the right now. The situation is wild, but yeah
1:38
let me know what y'all think about this in the comments
#Gossip & Tabloid News
#Scandals & Investigations
#Urban & Hip-Hop