Grown Money: Lil Wayne Settles $14M Tax Debt

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Lil Wayne’s taking tax season harder than most this year. According to court documents obtained by The Blast, the Young Money owner paid up $14 million to settle his tax debt.

The IRS filed two separate tax liens against Wayne, one for failing to pay over $7 million in 2011 and the second for $6.8 million in 2012, accusing him of owing a hefty sum of $14,194,944.

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On the final show of his I Ain’t Shit Without You Tour, Weezy mentioned some tax issues and thanked JAY-Z for helping him out through the tough times.

“There’s people like JAY-Z. He helped me out when I was really, really, really down. Really, really, really down,” Wayne told the Chicago crowd. “That man helped me with my taxes. He’s a real friend y’all.”

Wayne received an eight-figure payout last year in his settlement with Birdman and Cash Money Records. However, his lawsuit saga is far from over.

TMZ reports he’s currently suing his ex-lawyer $20 million for allegedly overcharging him for over a decade as well as threatening to sue the company Moments in Time for trying to sell his old lyrics notebook.

Source: Hip Hop DX