According to Daily Mail Linnethia Monique Leakes, was hit with a Federal Tax Lien on July 22 in Georgia court. The IRS wants a total of $824,366.01 in back taxes for the year 2014, according to court documents. How could she possibly owe that much in taxes? Well, in 2014 she was paid well under a million dollars by RHOA, but also received a six figure income from DWTS where she placed seventh on the show. She also had income from her role on Cinderella that year and got an advance on her clothing line which also began in 2014. And she did a few other paid appearances and sold a bunch of t-shirts and crap. In nearly every one of those instances, Nene was paid as an independent contractor which means she got the checks with no taxes taken out and received a copy of the 1099 which was sent to the IRS by the employers. I guess she thought she just didn’t need to file taxes.
According to my calculations, using the tax amount as the known variable, Nene make approximately $2.1 million in 2014 and did not file a tax return. She did buy that giant house where she never lives. And the IRS is grateful for that, because they have placed a lien on the property.
According to the lien, it looks like she has ten years to refile. But I would not count on that. The IRS will be quite unhappy with the lack of filings and will now look into her previous and future years very closely. Something tells me this was not a one time thing.
And, in addition to the tax she owes in the amount of $824,366.01, she will also incur major fines and penalties. Those penalties can include jail time. Lengthy jail time. Don’t believe me? Just ask Wesley Snipes, Richard Hatch, and Lauren Hill just to name a few who pop to mind.
You can expect Nene to be wheeling and dealing with Bravo now begging to come back this season. She has been saying in her stand up routines that she is not coming back for “no part-time check.” I have a feeling she will be changing her mind really fast. You know she didn’t save a dime of that money.
Who will get locked up first, Sheree or Nene? I think the IRS has been on Sheree long enough that she should be in there first to save Nene a seat. Sheree kept trying to dodge the IRS by changing the ownership of Chateau Sheree. She should have told Nene to put hers in a shell LLC when she bought it. You can’t outsmart the IRS though. Sheree must be feeling poor since her first IRS lien was only around $40k .
Oh and filing bankruptcy would have no effect on an IRS debt. Uncle Sam will come for everything you have. Believe that. Bloop!