Yikes! Toni Braxton Reportedly Owes Almost 500K In Recent Back Taxes

Posted January 4, 2019

via Toni Braxton Instagram

Things aren’t looking so good for our girl Toni Braxton, earlier this week we told you that her engagement to Birdman was officially over and now it looks like more bad news.

According to reports from The Blast, the Grammy Award winning singer owes Uncle Sam some a hefty amount for recent back taxes, almost 500k to be exact.

According to court documents obtained by The Blast, the Internal Revenue Service filed the first lien against the singer on December 4. The lien states that Braxton owes a total of $340,252.99 in back taxes for 2017.

A mere 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 grand total of the liens comes to $456,407.63.

Both the IRS and the State of California warn Braxton to hurry up and pay or they will start the process of seizing her property.

Braxton should be no stranger to the warnings. As The Blast first reported, both the IRS and the State of California filed tax liens against her last year, claiming she owes a total of $780,808.29 in back taxes.

In addition to her tax woes, Toni Braxton has filed for bankruptcy twice in the past — once in 1996 and again in 2010 (listing over $10 million in debt). Braxton had her debt discharged in 2014, when a federal court judge wiped the majority of her debt clean.

Braxton claimed she had to file a second time due to health problems that lead to her having to cancel a series of Las Vegas concerts.

In 2017, Braxton finished a 17-show tour called “The Hits Tour” and is still starring on the We TV reality show “Braxton Family Values.”

Toni is about to hit the road for a new tour with special guests SWV in a matter of weeks, and is also reportedly filming the new season of ‘Braxton Family Values’ so hopefully she can get caught up on these taxes.

We’re rooting for you Toni Braxton Living Legend!

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