Toni Braxton Resolves 6-Figure Tax Debt Years After Bankruptcy - TMZ
Singer Toni Braxton has settled a nearly $600,000 federal tax debt accumulated between 2022 and 2024. This follows a history of financial struggles for the star, including two previous bankruptcy filings.
Why it matters
It highlights the ongoing financial challenges faced by celebrities and the public scrutiny surrounding tax obligations and personal wealth management.
Toni Braxton says she settled a debt with the IRS … over a decade after she finalized her second bankruptcy.
According to official records, the singer was hit with a federal tax lien on June 22 ... and Uncle Sam said she owed A LOT of money.
The breakdown of the debt is $69,390 for 2022, $278,876 for 2023, and $250,358 for 2024 ... totaling around $598K.
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