According to a report by Radar Online, it was reported that the late rapper DMX was hit with a tax lien months before his death in April and was accused of owing $663,554.55 and the government was preparing to put a lien on all of his assets.
On September 17, the IRS filed a federal tax lien against DMX and his ex-wife Tashera Simmons accusing them of back taxes from the years 2002, 03, and 05.
The debt broke down to $358,681.62 (2002), $35,896.09 (2003) and $268,976.84 (2005).
On September 17, the Internal Revenue Service filed a federal tax lien against DMX and his ex-wife Tashera Simmons. The document accused the former couple of owing for the years 2002, 2003, and 2005.
The debt broke down to $358,681.62 (2002), $35,896.09 (2003) and $268,976.84 (2005). On the same day, the IRS filed a separate lien against DMX, without his ex-attached, over an additional $338k owed for 2002.
You know the IRS doesn’t play when it comes to their money as DMX was well aware of. In 2018, the rapper was sentenced to one year in prison for tax fraud in which he reached a plea deal with prosecutors and pleaded guilty in the federal case. In documents, the government said DMX had tried to avoid paying $1.7 million in taxes.
As his multiple children prepare to battle over his assets and estate, which according to the courts is estimated to be worth only $50,000, three of his sons, Sean, Xavier and Tacoma say their father’s assets are worth around $1 million. X’s first posthumous album Exodus will be released on Friday, May 28.
In April, DMX suffered a heart attack after a drug overdose at his home in New York where he suffered traumatic brain damage from being without air for close to 30 minutes. He was rushed to a hospital where he laid in a coma for several days eventually succumbing to his injuries.
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