Lil Wayne has been in the news, making headlines, over the past few years due to the failure to pay taxes. Now, it’s possible that the Young Money rapper is finally tax debt free as he has paid off the IRS $7.72 million for back taxes.
As reported by GE, the IRS has released the liens it had on Lil Wayne‘s Miami Beach property after he cut a check for nearly $8 million to cover back taxes owed from between 2008 and 2009.
According to Miami-Dade County records, Wayne owed $3,351,077.95 for 2008 and $2,258,956,04 for 2009.
Other tax debts that Lil Wayne recently covered include, $5.6 million that he paid out in 2011 for other 2008-09 debts, and in 2010 the rapper also dished out $1.13 million for taxes owed from 2004, 2005 and 2007. Also, in 2008, Weezy was given a $977,840 lien by the IRS which he payed off soon after.