Lil Wayne Owes More Than $12 Million In Taxes

Lil Wayne Owes More Than $12 Million In Taxes

Lil Wayne is in some hot water with Uncle Sam, owing more than $12 million in taxes.

While we're quite sure Lil Wayne is not having financial troubles (he's worth an approximate $135 million at this point), he's nonetheless neglected to pay his taxes for 2011 and 2012, resulting in quite the tax lien.

TMZ reports on Weezy's tax evasion, stating that for the years 2011 and 2012 Wayne owes more than $12 million to the IRS-- for 2011 he owes $5,843,952, while 2012 has a debt of $6,311,132.

This isn't Lil Wayne's first time facing tax evasion. From 2008-2009 he owed around $7 million, but he cleared up that debt in 2012. Hopefully he'll clear this one up soon.

The Young Money crew will be dropping their new compilation album Young Money: Rise Of An Empire come March 11th. They released the tracklist for the project a few weeks ago, peep it here. Listen to the Lil Wayne-featured single with Euro & Birdman, "We Alright" here.

Weezy also has his solo album on the way, the highly anticipated Tha Carter V, for which Drake announced the release date during an NBA All-Star weekend performance at the House Of Blues, it'll arrive on May 5th.

Are you looking forward to both album releases? Let us know in the comments.

You can catch up with Tunechi on his newly-launched #WeezyWednesdays vlog series here.

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