Looks Like Fantasia Owes The IRS $47,000
By Ryan Velez
Fantasia Barrino recently dropped a Christmas album, “Christmas After Midnight,” but there may be a more sinister reason why she felt the need to put out another album. Bossip reports that the IRS recently has been accused Fantasia of owing big-time money: $47,000. The news comes from reports of a federal tax lien that has been discovered in public records.
According to Bossip, the lien was filed in Los Angeles County, alleging she now owes a total of $46,930 in back taxes on her income. A mother of one, this doesn’t mark the first time that Fantasia has had issues with her taxes. In 2015, the IRS said she owed $92,837, but last year, public records show that she cleared that debt. If we look back even further, there are even more financial issues for Fantasia. One may recall in 2012 where she had to fight to save her North Carolina home before she lost it for defaulting on a loan, only to lose it to the bank anyway.
As of right now, Fantasia is estimated to have a net worth of $4 to $5 million, which is more than the average person on the street, but not much compared to other music stars. At this point, one has to wonder what exactly is happening to get her into such repeated financial trouble. Is it the fact that she simply has bad habits regarding paying her taxes, or that her financials are being mishandled? While this sum may not be as large as some of the prior amounts that she’s owed, one can only hope that Fantasia manages to wrangle her finances soon. If things get out of hand, another quick album release may not be enough to get her out of trouble.
Following her 2004 American Idol victory, Fantasia’s debut single, "I Believe," debuted at number one on the Billboard Hot 100. Next, she saw the release of her debut album, Free Yourself, which went on to be certified Platinum by the RIAA and also earned Fantasia three Grammy nominations in 2006. The same year, came to light Fantasia's eponymous second album that spawned the single "When I See U" which topped the Billboard Hot R&B/Hip-Hop Songs chart for eight weeks. This sophomore album was certified Gold and earned three Grammy nominations in 2008. She has even had a foray on Broadway, playing Celie in the musical, The Color Purple.