Owe Moola Baby: Lil Wayne Reportedly Owes $12 Million In Back Taxes Brandon Caldwell March 3, 2014 Music, News Looks like the one producer who Lil Wayne & Cash Money can’t out run from is Uncle Sam. According to documents obtained by TMZ, our favorite Martian is on the hook from the IRS to the tune (no pun intended) of $12 million. According to a tax lien — obtained by TMZ — Weezy failed to pay taxes for 2011 and 2012. For 2011 he owes a staggering $5,843,952. And for the following year, even worse — $6,311,132. Wayne has had his financial issues. He owed $7 mil for back taxes in 2008 – 9, but he cleared the debt in 2012. Look, we don’t know who’s on the Young Money payroll in terms of accountants but how in the world do you go two years straight without paying your taxes? I mean, Weezy’s worth over $135M so this can’t be the reason we’re getting Tha Carter V, is it? Share this:TweetShare on Tumblr Leave a Reply Cancel Reply Your email address will not be published.CommentName* Email* Website Notify me of follow-up comments by email. Notify me of new posts by email.