LEGAL WOES: Lil Wayne Owes The IRS $1.13 Million

Jul 16 | by YBF

Looks like Lil Wayne will be coming home to more then just four baby mamas and the studio.

Find out the deets when you read more...

The IRS has filed it's second lien against Young Money President, Lil Wayne. His first tax debt cost him $977,840. Now, Weezy owes the state of Florida $1.13 million according to The Detroit News.

It seems as if Weezy has been behind paying his income taxes on his organization called One Family Foundation. He created One Family Foundation, Inc. as a means to create opportunities for some of the most disadvantaged youth in America.

His legal troubles date back 6 years owing taxes from 2004, 2005 and 2007. In 2004, he had an unpaid balance of $176,561 and in 2005 he owed $97,686.

And in 2007 he was behind $864,511 for his foundation.

Weezy's One Family Foundation is listed as the address on the document.

Damn Weezy.

According to Weezy's manager Cortez Bryant, Wayne will release an EP titled I'm Not A Human Being celebrating his 28th birthday on September 27th. I'm Not A Human Being will be a viral release to entertain fans until his release of Tha Carter IV, which will be the follow-up of Wayne's highly successful Tha Carter III. Fans will be able to cop a hard copy of I'm Not A Human Being sometime around Christmas as a gift from Wayne to show his appreciation to his fans.

As we previously reported, Lil Wayne is scheduled to be released from prison on November 4th, if all goes well.

We wish you the best paying off Uncle Sam Weezy.

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Comments

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He'll be releasing a cd as a

He'll be releasing a cd as a "gift to his fans"? Will it be free or will the fans have to fork out more of their hard earned money so Wayne can continue to populate the eastern and western seaboard? SMDH! He can keep that gift. It takes a heck of a lot to get my money these days. And, no entertainer has what it takes. Y'all better save your money to build YOUR wealth not somebody elses.

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by pols
7:48 pm - Jul 18, '10

Hmmm its funny Wayne said

Hmmm its funny Wayne said onDrakes song "Miss me" that he'll be gone til November but that he aint worried cuz Drake was gon hold it down. Speak it and it shall be

by Anonymous
7:00 pm - Jul 17, '10

I was thinking the same

I was thinking the same thing. Makes me wonder if he didn't already know he was getting out early.

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2:25 pm - Jul 17, '10

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hmmm. are they re- making Gremlins again??

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by Saxxi X
12:15 pm - Jul 17, '10

I'm assuming the One Family

I'm assuming the One Family Foundation is a non-profit. Most of the time celebrities create non-profits as tax shelters...HOW THE HELL YOUR NON-PROFIT OWE TAXES? Stupid is as stupid does.

Oh, and the IRS is not about to put him in jail...he can't make money there. They arrest you as a last resort. Like after it's evident that you don't plan on paying them. As a matter of fact, the IRS is probably mad at the state agency that put him in prison.

He's not the most attractive person, but there's someone for everyone.

by Kerri
11:22 am - Jul 17, '10

I'm sorry sweetie but you

I'm sorry sweetie but you look like a CRITTER in this pic

by Anonymous
10:58 am - Jul 17, '10

Laura London tore her whole

Laura London tore her whole image and probably really damaged her career havin a baby by this dude, just to be a Baby Mama... SMH

by Anonymous
9:28 am - Jul 17, '10

Didn't he just get that much

Didn't he just get that much in a briefcase as a birthday gift?! That is really not a lot of money for him.

by Anonymous
8:45 am - Jul 17, '10

Exactly!

by Chantay
10:41 am - Jul 18, '10

in world there is always

in world there is always something happens you couldnt really believe it does happens... seriously why him? i would never lay my eyes on him though.....

by meme
8:28 am - Jul 17, '10

he is SO ugly! his game must

he is SO ugly! his game must be on POINT to get lauren and toya cuz they are beauiful. niveas ok and idk who the other baby mama is!

by Anonymous
3:27 am - Jul 17, '10

1) We all knew he was not a

1) We all knew he was not a human being, I mean who would tattoo their eyelids. He was much cuter when he was younger.
2) FOUR baby mommas. Homie you need to slow down and take care of those kids. Maybe he needs a hiatus from the rap game.
3) 1.13 Million.....he has that, plus more, no need of anyone reporting he owes!
4) Toy and Lauren London are TOO pretty for him, I hope someone let them know that
5)

by Cocoeliazabeth
2:49 am - Jul 17, '10

Lil Wayne is full of pain. If

Lil Wayne is full of pain. If you listen to his songs or just read the titles it is so clear. I feel sorry for the brother.

by Woodstock
12:19 am - Jul 17, '10

first of all that is one

first of all that is one unattractive dude. secondly, how do you not pay your taxes if you are suppose to so rich with accountants? all these rappers will be broke in another 5-10 years due to ignorance.

by Anonymous
11:09 pm - Jul 16, '10

Ugghhhh...his face is

Ugghhhh...his face is just......I can't, I just can't!

by Okisweetpea
10:50 pm - Jul 16, '10

FOR THE LOVE OF GOD, POST

FOR THE LOVE OF GOD, POST SOMETHING, ANYTHING ELSE, BUT THIS IGNIT BUFFOON'S PIC FOR THE EST OF THIS EVENING.

by TASHA, PLEASE DON'T LEAVE THIS PIC UP ALL NIGHT
9:02 pm - Jul 16, '10

Ugh, I cannot stand Lil Wayne

Ugh, I cannot stand Lil Wayne or his music.

by Razzmatazz
8:35 pm - Jul 16, '10

Good gooogala moogala-that is

Good gooogala moogala-that is one face only a Mother could love!

He looks like he's sayin' "Grrrrrrrrrrrrrrrrrrrrrrrrrrr" in that pic-lmao!

by imnotthatstoopid
8:35 pm - Jul 16, '10

www.youtube.com what pretty

www.youtube.com

what pretty baby has he made?

what pretty baby has he made? I haven't seen all of his kids, but the 2 that I have seen look like him.

How can celebrities get away with owing such large debts and not being arrested?

by adfvvdv
8:25 pm - Jul 16, '10

The lesson of the day is

The lesson of the day is pay
what pretty baby has he made?

what pretty baby has he made? I haven't seen all of his kids, but the 2 that I have seen look like him.

How can celebrities get away with owing such large debts and not being arrested?

The lesson of the day is pay your bills and the government should be on the top of your pay the bills to do list. As for Weezy.... WHY??? You have the money... you should make sure of all people you want to keep happy is the IRS! Don't be a stereo type and pay your sh&*!

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