Rapper Xzibit Reveals $45,000 Monthly Income Amid $1 Million Tax Debt
Rapper Xzibit disclosed in court documents that he earns $45,000 per month while owing nearly $1 million in back taxes to the government. The "Pimp My Ride" star is fighting to reduce spousal support payments to his estranged wife Krista.
Rapper Xzibit, known for hits like "X" and hosting MTV's "Pimp My Ride," revealed in court filings that he makes $45,000 monthly but owes close to $1 million in unpaid taxes.
The 50-year-old artist is currently battling his estranged wife Krista over spousal support payments. Court records show a judge ordered him to pay $6,000 monthly in child support for their son Gatlyn based on his reported income.
This isn't Xzibit's first tax problem. In 2010, he owed $900,000 in federal taxes and filed for bankruptcy twice in 2009 and 2010. Both bankruptcy cases were dismissed by the courts.
Xzibit's financial troubles highlight how his income dropped dramatically after "Pimp My Ride" ended. In 2008, his yearly earnings fell to just $67,510, according to court records.
The current tax debt of nearly $960,000 means the government can seize his assets or garnish his wages until the debt is paid.
This shows how even wealthy celebrities can face serious money troubles with the IRS. Tax debt can pile up quickly and create legal battles that affect entire families, including child support payments.
Court hearings will determine final spousal support amounts and payment schedules.
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