Lil Wayne Pays $14 Million Tax Debt: Report
Lil Wayne is in the clear with Uncle Sam. According to documents obtained by The Blast on Friday (March 29), the Young Money rapper recently shelled out $14 million to settle his outstanding tax debt.
The IRS had accused Wayne of owing a cool $7,341,399.07 for 2011 and $6,853,545.77 for 2012, with the lien officially coming down in 2014. Recently, the New Orleans native revealed Jay-Z had helped him with tax debt in the past, but it's unclear whether he was talking abut this particular debt.
"There's people like Jay-Z—he helped me out when I was really, really, really down. Really, really, really down," Wayne told a Chicago crowd back in December. "Jay don't want me to tell nobody. That man helped me with my taxes. He's a real friend y'all. Shout out my nigga Jay!"
In related Wayne news, the rapper has some pending lawsuits in the air—but none are against him. He's currently suing his former lawyer for $20 million, saying that the attorney had been overcharging him for over a decade. Wayne has also threatened to sue the company Moments in Time, as they have an old rhyme book of his in their possession and have begun auctioning it off for $250,000. The rapper says he's the rightful owner of the book and they don't have permission to sell it, but Moments in Time says if he wants it back, he has to pay up.
See Photos of Lil Wayne's Different Looks Over the Years