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Lil Wayne OWES The IRS $12 Million in Back Taxes; Feds Threatening to Seize The Rappers Florida Home

The new year is not looking too bright for “Young Money” CEO and rapper Lil Wayne, who was just slapped with a $12 million tax lien, for failing to pay income taxes in 2011 and 2012.

Per Gossip-Grind (via TheBoomBox), according to court docs — filed with the Miami-Dade County Clerk’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 is threatening to seize his luxurious mansion in La Gorce Island, Fla., which was 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.

Luckily, Weezy however won’t be doing any jail time — not like his fellow artist friends Lauryn Hill and Fat Joe who weren’t lucky to escape the wrath of the law and had to do prison time on tax-evasion charges. But we digress…

This isn’t Wayne’s first run-in with Uncle Sam. Back in 2012, the Miami based rapper paid $7.72 million in back taxes to the IRS.

3 Comments

  1. sandre Ennis

    March 5, 2014 at 12:47 am

    BETTER PAY UP WAYNE

  2. GHHB

    March 5, 2014 at 1:38 am

    Damn it man!

  3. Carla simpson

    March 5, 2014 at 5:52 pm

    Two things you can be sure of in life…you gonna die and pay taxes

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