Nas in Trouble With IRS, Owes Uncle Sam $2.5 Million !

B.A.N.K.S · 10-21-2009, 05:27 AM

It seems that Kelis isn't the only one who's dipping into Nas' pocket.

The Queens-bred emcee reportedly skipped out on paying taxes in 2006 and 2007 and owes the IRS more than $2.5 million in back taxes.

For the last several months the rapper has been busy hashing out the financial details of his divorce from Kelis. After officially splitting in April, Kelis alleged that she was left high and dry and was receiving nothing from her ex's reported annual earnings of $11 million. Nas retorted stating that he made closer to $4 million, mostly from his record deal with label Def Jam. A judge ruled in Kelis' favor, ordering Nas to fork over $55,000 per month in support plus. Additionally, Nas must cover her monthly mortgage payment, prenatal expenses and medical coverage.

Although the once inseparable couple has parted ways, Nas and Kelis share an infant son named Knight Jones, who was born in July. Since the lil' guy arrived, the pair has appeared to be on good terms and were even spotted last month hanging out together at a New York City nightclub.

But now he's got bigger problems .. problems that total $2,584,206.31. Ouch!

No word yet on when Nas is planning to pay his tab.

Source:theboombox

anzee11 · 10-21-2009, 07:23 AM

If this is true, how do you get in debt heavy like that? That's close to Sammy Davis Jr. and Redd Foxx status! I guess Nas has to stay on the road. Oh well, God bless him.

dunson23 · 10-21-2009, 04:15 PM

let the hate begin hmmm the usual nas takes an L or damn nas, but on the real method man got caught by the irs and now nas lol the feds don't play.

B.A.N.K.S · 10-21-2009, 07:30 PM

yeah this nigga stay taking L's .. and not LITTLE ONES !!

SPDemon420 · 10-22-2009, 10:45 PM

Quote:

Originally Posted by anzee11

If this is true, how do you get in debt heavy like that? That's close to Sammy Davis Jr. and Redd Foxx status! I guess Nas has to stay on the road. Oh well, God bless him.

He skipped 2 years. In the higher tax brackets, you're paying in 40% or so, if he made 4 mill a year, that would make sense if he hadnt paid in anything in 2 years.

10-21-2009, 05:27 AM	#1
B.A.N.K.S Veteran Join Date: Sep 2005 Location: Cali is the place to be Posts: 1,314 Repped: 226 Repped 167 Times in 115 Posts Neg Reps: 58 Neg Repped at 29 Times in 26 Posts	Nas in Trouble With IRS, Owes Uncle Sam $2.5 Million ! Nas in Trouble With IRS, Owes Uncle Sam $2.5 Million ! It seems that Kelis isn't the only one who's dipping into Nas' pocket. The Queens-bred emcee reportedly skipped out on paying taxes in 2006 and 2007 and owes the IRS more than $2.5 million in back taxes. For the last several months the rapper has been busy hashing out the financial details of his divorce from Kelis. After officially splitting in April, Kelis alleged that she was left high and dry and was receiving nothing from her ex's reported annual earnings of $11 million. Nas retorted stating that he made closer to $4 million, mostly from his record deal with label Def Jam. A judge ruled in Kelis' favor, ordering Nas to fork over $55,000 per month in support plus. Additionally, Nas must cover her monthly mortgage payment, prenatal expenses and medical coverage. Although the once inseparable couple has parted ways, Nas and Kelis share an infant son named Knight Jones, who was born in July. Since the lil' guy arrived, the pair has appeared to be on good terms and were even spotted last month hanging out together at a New York City nightclub. But now he's got bigger problems .. problems that total $2,584,206.31. Ouch! No word yet on when Nas is planning to pay his tab. Source:theboombox __________________ I'm a fan of hip hop rap, but i DON'T give a shit about none of them niggas they ain't cutting me no check.. So i state MY opinions on shit from 50 Cent to Lil Wayne good or bad ... Rep me if believe what i say is right and if you NEG rep me then you caught feelings for a nigga you don't know pussy !!

10-21-2009, 07:23 AM	#2
anzee11 Veteran Join Date: Apr 2008 Location: New Jersey Posts: 1,252 Repped: 389 Repped 77 Times in 48 Posts Neg Reps: 14 Neg Repped at 3 Times in 3 Posts	If this is true, how do you get in debt heavy like that? That's close to Sammy Davis Jr. and Redd Foxx status! I guess Nas has to stay on the road. Oh well, God bless him. __________________

10-21-2009, 07:30 PM	#4
B.A.N.K.S Veteran Join Date: Sep 2005 Location: Cali is the place to be Posts: 1,314 Repped: 226 Repped 167 Times in 115 Posts Neg Reps: 58 Neg Repped at 29 Times in 26 Posts	yeah this nigga stay taking L's .. and not LITTLE ONES !! __________________ I'm a fan of hip hop rap, but i DON'T give a shit about none of them niggas they ain't cutting me no check.. So i state MY opinions on shit from 50 Cent to Lil Wayne good or bad ... Rep me if believe what i say is right and if you NEG rep me then you caught feelings for a nigga you don't know pussy !!

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10-21-2009, 04:15 PM	#3
dunson23 Hip-Hop We Won't Stop Join Date: Nov 2006 Location: Hip-Hop Posts: 3,200 Repped: 741 Repped 1,144 Times in 168 Posts Neg Reps: 23 Neg Repped at 12 Times in 11 Posts	let the hate begin hmmm the usual nas takes an L or damn nas, but on the real method man got caught by the irs and now nas lol the feds don't play.