Lil’ Kim Clears $150K Federal Tax Debt, Resolving Ongoing IRS Battle

Rapper Lil’ Kim has settled a significant six-figure debt with the United States federal government, marking a new chapter in her long-standing financial issues. The New York-born rapper recently paid off a federal tax lien from the Internal Revenue Service (IRS) that was filed against her in May.

This isn’t the first time Lil’ Kim (real name Kimberly Denise Jones) has faced challenges with unpaid taxes. Over the years, the rapper has accumulated over $1 million in tax debt. In 2022, the IRS released multiple separate liens totaling more than $1 million in unpaid taxes, dating back to various years, including a notable $126,000 owed for taxes between 2010 and 2013.

Lil’ Kim, who reportedly owed $150,775 in taxes for 2022, has now cleared that amount. She has been working closely with her legal team to resolve her tax issues, as confirmed by a representative in a statement to In Touch.

“She, along with her team of legal experts, is working cooperatively and diligently with the IRS and federal tax authorities to resolve the situation amicably.”

Past Financial Struggles & Legal Woes

In addition to her tax troubles, the “Lady Marmalade” rapper has faced other financial difficulties. Last year, Lil’ Kim was sued by a landscaper who claimed she owed $26,650 for custom work on her home. The case, however, was dismissed after the landscaper failed to provide necessary documentation or appear in court.

Lil’ Kim’s financial issues reached a peak in 2018 when she filed for bankruptcy, revealing liabilities of over $4 million. She cited her New Jersey mansion as one of her most significant debts, owing $2 million on the property. However, the rapper later requested to have her bankruptcy case dismissed after securing a loan modification, allowing her to avoid foreclosure.

More Financial Setbacks

Shortly after resolving her bankruptcy case, Lil’ Kim was hit with another federal lien in 2019 for nearly $60,000 in back taxes from 2005. The IRS filed the lien against her Alpine, New Jersey mansion, warning that her property could be seized if the debt wasn’t paid.

Despite these financial hurdles, Lil’ Kim continues to handle her business, working towards financial stability. With her recent settlement, she’s taking significant steps to put her tax troubles behind her.