Back in April of this year, Iggy Azalea experienced the stuff of IRS nightmares when the government agency hit her with a tax lien for almost $400,000 in unpaid taxes for 2014. Now, only about four month later, the IRS has delivered another, probably scary-looking piece of mail, to the Azalea household: another lien, this one for last year, totaling almost $270,000.
Those exact figures, as per the TMZ story about the leans, are $269,980.20 for 2015 and $391,056.55 for the year before that, which brings the grand total of back taxes she owes Uncle Sam (minus any payments she's made since April) to $661,036.75. Ouch. Even with a net worth of $10 million, getting a bill for well over half a million dollars has to sting.
Iggy's not the first high-paid celebrity to run into tax trouble, and if she doesn't want to end up in an exponentially-compounding debt wormhole, she had better start coughing up some internal revenue. Of course, with not just one, but two federal tax liens to her name, she doesn't really have any choice, since the government is now in the process of taking it out of her existing assets – so you may be seeing that net worth take a bit of a dip in the near future. And it's not good news for Iggy's credit rating, either.