Contact Us

Lil Wayne Slapped with a $12 Million Tax Lien From IRS

Lil Wayne
Ethan Miller, Getty Images

Lil Wayne’s ongoing tax troubles has reached an all-time high. The Young Money leader apparently owes a huge tax bill to the Internal Revenue Service.

According to Gossip Extra, Weezy owes $12,155,084.46 in back taxes dating back to 2011.

According to the lien filed with the Miami-Dade County Clerk of Court’s office, Wayne failed to pay $5.8 million in 2011 and $6.3 million in 2012.

If Wayne doesn’t cough up the dough, the IRS will seize his luxurious mansion in La Gorce Island, Fla., which is listed at $11.6 million in 2011. The nine bedroom home comes with a three-car garage and a three-bedroom guesthouse adjacent to a large swimming pool.

Wayne joins a list of rappers who have failed to pay their taxes. Fellow artists Lauryn Hill and Fat Joe both had to go to prison on tax-evasion charges.

So we are amazed that Weezy F. Baby is not facing any jail time for his delinquent tax bills. But we digress.

Meanwhile, Lil Wayne is set to release his Young Money compilation ‘Rise of an Empire’ on March 11.

If Wayne doesn’t handle his finances properly, he might have to change the name of his rap label from Young Money to Tax Money.

Best of Hot 107.9

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Friends with Benefits quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Friends with Benefits contests, events, coupons, presales, and much more delivered to you for FREE.