News: Swizz Beatz Says He's Got Money In The Bank, Responds To Tax Debt Hype

Tuesday, Nov 13, 2012 11:14AM

Written by Cyrus Langhorne

Grammy-winning producer Swizz Beatz has responded to reports this week which claimed he owes the government buckets of money over tax-related debts.

Swizzy's representative also claims the hit producer is on good terms with the government and is not in debt.

UPDATE: Swizz has shown TMZ documents that prove he had previously made payments in the full amount owed for his 2010 tax return. A rep for Swizz tells TMZ he has paid his taxes in full and is current on his taxes. (TMZ)

Swizz even addressed the update and thanked media site TMZ for clearing up their mistake on Twitter.

"Much love to @TMZ for updating their story confirming the truth!!," Beatz tweeted Monday (November 12) night. (Swizz Beatz's Twitter)

Yesterday, reports of the hit producer/rapper's money woes surfaced online.

"You ain't getting none from me or my bank" ... Swizz Beatz rapped it and now he's living it -- this according to the State of New York who says the mega-hip hop producer is behind on his taxes. The Empire State recently filed the lien against Beatz -- real name Kasseem Dean -- for unpaid taxes in the year 2010 ... claiming he still owes a cool $98,246.18. But that's not all ... Beatz -- who is married to Alicia Keys and has produced for every major name in the biz, including Chris Brown, Dr. Dre, DMX, and Kanye West -- also has federal tax liens filed against him ... to the tune of $2.6 MILLION. We reached out to Swizz -- so far, radio silenzz. (TMZ)

Back in early 2011, Swizz also made headlines for owing over $2 million to the government.

A giant tax bill makes a pretty poor baby shower gift, but that's what the IRS and New York gave singer Alicia Keys' husband, record-producer Swizz Beatz, who owes more than $2.6 million in delinquent taxes, records show. The IRS filed a $283,562 lien against Swizz Beatz on Monday with the New York City Register. The state of New York filed a $134,738 tax warrant against him and his ex-wife, R&B singer Mashonda on Oct. 23. The warrant is filed with the New York County Clerk. The IRS filed a $652,727 lien against Swizz Beatz, real name Kasseem Dean, on June 3 with the Rockland County (N.Y.) Clerk. According to the lien, which you can see here, he owes income taxes from 2008. The state of New York filed a $162,300 tax warrant against Dean and his ex-wife Feb. 4, 2009, with the New York County Clerk. The IRS filed a $556,986 lien against Dean and his ex-wife on Aug. 18, 2008, in Rockland County. They owe 2007 income taxes, according to this public record. The IRS filed an $842,645 lien against Dean and his ex-wife March 4, 2008, with the Somerset County (N.J.) Clerk. According to this lien, they owe income taxes from 2006. (Detroit News)

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