Aretha Franklin reportedly owed R86 million in taxes. TMZ has obtained documents filed by the IRS, claiming that the late Queen of Soul – who died in August at the age of 76 – owes more than $6.3 million in back taxes from 2012 to 2018 and $1.5 million in penalties.
Aretha Franklin’s estate has paid $3 million in back taxes to the Internal Revenue Service (IRS) since her death. However, attorney David Bennett, who represents Aretha’s estate, has insisted that $3 million has been paid since her death and all of her tax returns have been filed.
He added that the IRS is auditing the estate and they are disputing some of the filings but that the estate, in turn, is questioning what the IRS refers to as “income”.
Don Wilson – a lawyer based in Los Angeles who worked for Aretha for 30 years – was previously quoted as saying: “I tried to convince her that she should do not just a will but a trust while she was still alive.
“She never told me, ‘No, I don’t want to do one.’ She understood the need. It just didn’t seem to be something she got around to.” Mr. Wilson added: “She was a private person.”
Aretha owned her estate and maintained ownership of the songs she wrote – except her most popular singles like ‘Respect’.
Source: IOL News