Rapper Lil Wayne is officially in the clear when it comes to the IRS.
According to court reports, Weezy forked up a total of $14 million dollars in owed debt to the Internal Revenue Service. It is said the IRS filed two federal tax liens against the rapper. The “liens accused Wayne of failing to pay $7,341,399.07 back in 2011 and $6,853,545.77 in 2012; a grand total of $14,194,944.84,” Hollywood Unlocked reports.
The hefty pay off comes just a year after the Young Money rapper received his over due settlement funds from Birdman regarding his record deal. The Blast reports, “Wayne received an eight-figure payout from Universal Music Group and officially cut ties with Birdman’s record label, Cash Money Records.”
Back in December, Wayne publicly thanked Jay-Z during a concert in Chicago for assisting him with his taxes.
“There’s people like Jay-Z,” he said at the time. “He helped me when I was really, really, really down. Really, really, really down . . . Jay don’t want me to tell nobody. That man helped me with my taxes. He’s a real friend, y’all.”
Now that Uncle Sam is officially off Weezy’s back, it’s safe to say the 36-year-old can focus on his music and stacking those coins once again.
Written by: JustDiya