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Toni Braxton Allegedly Owes Nearly Half a Million Dollars in Back Taxes

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Toni Braxton Allegedly Owes Nearly Half a Million Dollars in Back Taxes

Toni Braxton Allegedly Owes Nearly Half a Million Dollars in Back Taxes

Toni Braxton is having a rough start to the new year. Following the reports that her and Birdman broke up and called off their engagement, it appears the singer has even bigger problems to deal with.

RELATED: Lindsay Lohan Pays Off Six-Figure Tax Lien Before MTV Reality Show Premieres

According to The Blast, Braxton allegedly owes nearly half a million dollars in back taxes! Court documents obtained by the news site says the Internal Revenue Service filed the first lien against the singer on December 4. The lien reportedly states that Braxton owes a total of $340,252.99 in back taxes for 2017.

Just a few days later, the State of California Franchise Tax Board hit her with a tax lien of their own over $116,154.64 for money owes. The total of the liens comes out to $456,407.63. Braxton has been warned by the IRS and the State of California to resolve this as fast as she can or they will start the process of seizing her property.

In addition to her tax issues, Braxton has filed for bankruptcy twice in the past; once back in 1996 and again in 2010, listing over $10 million in debt, according to The Blast. She eventually had her debt discharged in 2014, when a federal court judge wiped the majority of her debt clean.

Socialites, what are your thoughts on this? Let us know in the comment box below!

Press Play Below To See What Other Celebrities Had Tax Problems:

RELATED: Aretha Franklin Owes IRS $8 Million In Back Taxes

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