Jermaine Dupri Says ‘Money Ain’t A Thang’; Pays Off 500K Tax Lien

[pullquote quote=”And To Hell With The Price Cause The Money Ain’t A Thang” credit=”JD”]

Maybe [lastfm link_type=”artist_info”]MC Hammer[/lastfm], [lastfm link_type=”artist_info”]Ja Rule[/lastfm], [lastfm link_type=”artist_info”]Nas[/lastfm], and a sea of other rappers can learn from [lastfm link_type=”artist_info”]Jermaine Dupri[/lastfm]. The rapper who previouly owed the IRS $493,818.75 in back taxes has wiped his slate clean by paying off this debt to the government.

Apparently JD paid off a huge debt he owed to the IRS and it’s been reported that he paid twice as much. The original tax lien was for $254,782.64, but the IRS tacked on $91,721.75 in interest and $82,294.79 in penalty charges. That’s $174,026.54 in additional charges! This is not the first time JD has been in trouble with the IRS. In 2009, Jermaine Dupri allegedly owed $3.2 million dollars in back taxes to the government.

According to SOHH.com:

The state of Georgia filed a $135,749 lien against him Nov. 17, 2008, in Fulton County Superior Court. The IRS filed a $3,095,004 lien against him Sept. 4, 2008, in the Westchester County (N.Y.) Clerk’s office.

When will rappers learn? Pay your taxes ON TIME!

Read Related Stories:

Comments

More From 101.9 AMP Radio

Get The App
Ticket Tag Thursday Starring Selena GomezPlay this Thursday to win your tickets to see Selena Gomez at the Amway Center.

Listen Live