Entertainment
Lil Kim Settles $1.4 Million Tax Debt, Lien On Her Assets Dismissed
Lil Kim Has Settled $1.4 Million Tax Debt & Lien On Her Assets Dismissed
Lil Kim doesn’t have to worry about Uncle Sam knocking on her door anymore because the rapper has settled her hefty IRS issues.
According to legal documents obtained by Radar Online, Kim reached a settlement agreement with the Internal Revenue Service and ran them a cool 1.4 million.
The details and date when Kim was cleared off her debt wasn’t revealed, but Uncle Sam has been popping up on her with issues going all the way back to 2003 so I’m sure she’s happy to be done.
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Kim’s biggest tax debt was back in 2008, when she owed damn near $400,000.
In 2014, the government hit Kim with a lien for about 127,000. The IRS said Lil’ Kim, at the time, hadn’t paid taxes since 2010, leaving them with no choice but to file a lien on her.
Thankfully, the lien was dismissed in the recent 2023 filing.
According to HipHopDX, ‘Her largest debts included $2million owed on her New Jersey home, $1,469,105 in unpaid federal taxes from 2004-2017, $376,346.74 owed to the New Jersey Division of Taxation for unpaid taxes from 2004-2017, and $186,000 in unpaid legal bills.’
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