Beyonce filed a response after the IRS accused her of properly failing to pay her taxes or tax deficiency on two returns.
Beyonce File Petition Over $3 Million Tax Deficiency Imposed By IRS (Photo: People)
Beyonce Requested A Trial In Los Angeles Over Tax Deficiency Petition
The 41-year-old singer-songwriter, Beyonce, filed a petition to the IRS earlier this month in response claiming the singer has tax deficiency or owes a total of $2.69 million in back taxes from 2018 and 2019.
She requested a trial in Los Angeles, but the potential date is unknown. The tax deficiency petition was filed after the IRS issued a Notice of Tax Deficiency stating that she owes $805,850 for 2018 and $1,442,747 for 2019.
Additionally, the IRS issued a Notice of Tax Deficiency says she owes $449,719.40 in combined penalties from 2018 and 2019.
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The legal team of the singer is working with the IRS and anticipates that the tax deficiency matter will be resolved shortly
According to Beyonce’s legal team, it has disputed at least $868,766 of the total, claiming the amount was donated to charity in 2018 and should be accepted as a deduction.
The petition of the singer also states that if there is a tax deficiency in her tax payments, she should not have to pay it because she has acted in good faith.
