Lil Wayne reportedly pays off massive $14 Million tax debt

According to court records obtained by The Blast, Weezy recently coughed up $14 million to settle his tax debt. The IRS filed releases of two separate federal tax liens against Wayne.

For years, Weezy has been in trouble due to unpaid taxes, causing him to be, on multiple occasions, hit with tax liens. In February 2011, Wayne paid off a $1.13 million tax lien and later on the year he was hit with another lien, this time for $5.6 million. By 2012, the rapper paid $7 million to the IRS to get them off of his back, but in 2016, it was reported that he owed them $900,000.

According to The Blast, the rapper was once again hit with liens, as the government alleged he failed to pay $7,341,399.07 in 2011 and $6,853,545.77 in 2012, making it a total of $14,194,944.84.

It’s understood the rapper must have cleared off the massive debt from the settlement money he received from Birdman last year when the two settled their years-long legal battle over his record deal.

At that time, Wayne who accused his label of owing him tens of millions of dollars, including an $8 million advance for Tha Carter V received an eight-figure payout from Universal Music Group and officially cut ties with Birdman’s record label, Cash Money Records.

The rapper also mentioned that singer Jay Z has been more than just a supporter as a friend and musical collaborator, but a person who helped him financially.