Beyoncé has a bone to pick with the Internal Revenue Service, and she’s taking her issues with the government agency’s judgement to court. Moreover, the RENAISSANCE superstar challenged the IRS to review her $2.7 million tax liability in 2018 and 2019, citing an erroneous notice of deficiency. It alleged that she owed $805,850 in tax in 2018, $1,442,747 in 2019, and $449,719.40 in combined penalties. Furthermore, her dispute filed on April 17 cites a mistake the IRS made by disallowing millions of dollars in deductions. These include over $850,000 in charity contributions in 2018, and the notice of deficiency came about in December.
According to Forbes, the court will schedule a trial as soon as they can, even though the parties involved would rather not have it go that far. Furthermore, Beyoncé maintained that she “acted reasonably and in good faith,” and contested the attributed penalties. In fact, those represent 20% of the amount of underpaid tax, which reportedly results from how much money she allegedly owes. Interestingly, the petition lists Bey as the sole taxpayer, not alongside her husband Jay-Z.
Beyoncé Disputes Tax Liability
Of course, as one of the most successful and enduring stars in pop music at large, this shouldn’t be too much of a problem for the “Irreplaceable” singer. Not only does she continuously find huge commercial and critical success with her music, but her extracurriculars solidify her icon status. From a buzzed-about world tour to her cultural impact, it’s no wonder TIME named her as one of the most influential people of 2023. That being said, these situations can sometimes get murky quickly, so hopefully Beyoncé is able to clear this up without much hassle.
Meanwhile, she continued to challenge and best herself this year in a lot of different spaces. One of those was her new couture for RENAISSANCE in collaboration with Balmain, which saw her turn heads in the fashion world once again. Also, she found a new horizon on the charts, with “CUFF IT” surpassing “Halo” as her longest-charting solo song of all time. No matter the industry, the 41-year-old had a lot to celebrate these past few years. When it comes to the years before, time will tell whether she’ll have to pay up. Regardless, log back into HNHH for the latest news and updates on Beyoncé.
