“Trying to put me in prison”- Kanye West, Who Already Has to Pay Thousands to Kim Kardashian, Opens Up About Millions of Dollars He Owes to IRS

Kanye West says the IRS wants millions from him for tax evasion. The hip-hop
artist recently lost a big chunk of money due to his separation from brands like
Balenciaga, Adidas, and GAP. The singer’s network dropped so quickly that he
lost his billionaire status despite minting money through music and fashion for
years.

[data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==]

Now, the artist has also reached a divorce settlement with their ex-wife, Kim
Kardashian, after a long process. As per the settlement, he will be paying $200k
per month for child support apart from other expenses. But adding to that, the
Gold Digger singer already has his $75 million frozen and claims of owing a huge
amount in taxes, as per the IRS.


KANYE WEST ON OWING SIZEABLE AMOUNTS TO THE IRS AND HAVING A LACK OF FINANCIAL
KNOWLEDGE

While Ye already has a burden of other controversies, he also has the IRS
knocking on his door. The artist says that he owes $50 million in taxes as per
the information. He appeared on Tim Pool’s podcast
[https://nypost.com/2022/11/29/kanye-west-said-irs-froze-his-accounts-because-he-owes-50m-in-taxes/]
where he said, “I’m talking about literally finding out that they were trying to
put me in prison this morning.” It took him six hours to figure out how much he
owed them. The department has apparently frozen a total of $75 million from four
of Ye’s bank accounts.

[data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==]

Although the Donda singer also agreed to not having much financial literacy and
was unaware of tax calculations, like many of the citizens. This incident has
made him learn more about finances and how an investment or the flow of money
works. According to Forbes, Ye’s net worth has already come down from $2 billion
to $400 million. The amount still may continue to vary as the celebrity is known
for spending big as quickly as he earns.

ALSO READ: “I went from being a multi millionaire to not..” – Kanye West Accuses
Adidas for Freezing $75 Million in His Bank Accounts
[https://netflixjunkie.com/i-went-from-being-a-multi-millionaire-to-not-kanye-west-accuses-adidas-for-freezing-75-million-in-his-bank-accounts/]

Currently, the rapper is busy running for the Presidential campaign after losing
in 2020. Although he claims that the only reason he is running is that he hopes
the federal government will look into his frozen accounts and help him. It is to
be seen how Ye
[https://netflixjunkie.com/netflix-news-amidst-divorce-and-presidential-run-chaos-kanye-west-takes-time-out-to-dine-with-kim-kardashians-ex-ray-j/]
will manage to get out of this situation now.

What do you think about this news? Comment your thoughts.

Neha Subhash

Comment

“Trying to put me in prison”- Kanye West, Who Already Has to Pay Thousands to Kim Kardashian, Opens Up About Millions of Dollars He Owes to IRS - Netflix Junkie

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Neha Ghag is a prime-time entertainment writer for Netflix Junkie, who has written nearly 1000 articles, immersing herself in pop culture. Writing was not her first choice, but she has now found solace in unraveling the fascinating stories of public figures' personal and professional lives. Neha is a fan of classic hip-hop and psycho thrillers, and she can talk endlessly about Kanye West. Her contribution to NJ's live coverage of big events such as Oscars 2023 has been invaluable. Neha firmly believes in the art of storytelling and aspires to become a renowned columnist. When she's not writing, she indulges in her love for travel and exploring new places.

https://netflixjunkie.com/netflix-news-trying-to-put-me-in-prison-kanye-west-who-already-has-to-pay-thousands-to-kim-kardashian-opens-up-about-millions-of-dollars-he-owes-to-irs

“Trying to put me in prison”- Kanye West, Who Already Has to Pay Thousands to Kim Kardashian, Opens Up About Millions of Dollars He Owes to IRS - netflix-junkie

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Kanye West says the IRS wants millions from him for tax evasion. The hip-hop artist recently lost a big chunk of money due to his separation from brands like Balenciaga, Adidas, and GAP. The singer&#8217;s network dropped so quickly that he lost his billionaire status despite minting money through music and fashion for years.
<img loading="lazy" class="aligncenter size-full wp-image-74853 lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" data-src="https://netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_124628.jpg" alt="" width="1080" height="1121" data-sizes="auto" data-srcset="https://www.staging.netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_124628.jpg 1080w, https://www.staging.netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_124628-289x300.jpg 289w, https://www.staging.netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_124628-987x1024.jpg 987w, https://www.staging.netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_124628-768x797.jpg 768w" sizes="(max-width: 1080px) 100vw, 1080px" />
Now, the artist has also reached a divorce settlement with their ex-wife, Kim Kardashian, after a long process. As per the settlement, he will be paying $200k per month for child support apart from other expenses. But adding to that, the Gold Digger singer already has his $75 million frozen and claims of owing a huge amount in taxes, as per the IRS.
<h2>Kanye West on owing sizeable amounts to the IRS and having a lack of financial knowledge</h2>
While Ye already has a burden of other controversies, he also has the IRS knocking on his door. The artist says that he owes $50 million in taxes as per the information. He appeared on Tim Pool&#8217;s <a href="https://nypost.com/2022/11/29/kanye-west-said-irs-froze-his-accounts-because-he-owes-50m-in-taxes/" target="_blank" rel="noopener">podcast</a> where he said, &#8220;I’m talking about literally finding out that they were trying to put me in prison this morning.&#8221; It took him six hours to figure out how much he owed them. The department has apparently frozen a total of $75 million from four of Ye&#8217;s bank accounts.
<img loading="lazy" class="aligncenter size-full wp-image-74855 lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" data-src="https://netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_124706.jpg" alt="" width="1023" height="584" data-sizes="auto" data-srcset="https://www.staging.netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_124706.jpg 1023w, https://www.staging.netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_124706-300x171.jpg 300w, https://www.staging.netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_124706-768x438.jpg 768w" sizes="(max-width: 1023px) 100vw, 1023px" />
Although the Donda singer also agreed to not having much financial literacy and was unaware of tax calculations, like many of the citizens. This incident has made him learn more about finances and how an investment or the flow of money works. According to Forbes, Ye&#8217;s net worth has already come down from $2 billion to $400 million. The amount still may continue to vary as the celebrity is known for spending big as quickly as he earns.
ALSO READ: <a href="https://netflixjunkie.com/i-went-from-being-a-multi-millionaire-to-not-kanye-west-accuses-adidas-for-freezing-75-million-in-his-bank-accounts/">“I went from being a multi millionaire to not..” – Kanye West Accuses Adidas for Freezing $75 Million in His Bank Accounts</a>
Currently, the rapper is busy running for the Presidential campaign after losing in 2020. Although he claims that the only reason he is running is that he hopes the federal government will look into his frozen accounts and help him. It is to be seen how <a href="https://netflixjunkie.com/netflix-news-amidst-divorce-and-presidential-run-chaos-kanye-west-takes-time-out-to-dine-with-kim-kardashians-ex-ray-j/">Ye</a> will manage to get out of this situation now.
What do you think about this news? Comment your thoughts.

“I went from being a multi millionaire to not..” – Kanye West Accuses Adidas for
Freezing $75 Million in His Bank Accounts

https://www.staging.netflixjunkie.com/wp-content/uploads/2020/03/netflixjunkie-logo-2.jpg

https://www.staging.netflixjunkie.com/wp-content/uploads/2022/11/IMG_20221130_123820.jpg

Kanye West who is already set to pay $200k for child support, states that the IRS has put him under fire for owing $50 million in taxes

https://image-cdn.netflixjunkie.com/wp-content/uploads/Neha_Ghag_NJ.png

Neha Subhash Ghag

description

https://www.netflixjunkie.com/netflix-news-trying-to-put-me-in-prison-kanye-west-who-already-has-to-pay-thousands-to-kim-kardashian-opens-up-about-millions-of-dollars-he-owes-to-irs/

“Trying to put me in prison”- Kanye West, Who Already Has to Pay Thousands to Kim Kardashian, Opens Up About Millions of Dollars He Owes to IRS

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