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Beyonce's Dad

Slapped w/ $1.2 MILLION

Tax Bill, Bill, Bill

5/13/2013 4:30 AM PDT BY TMZ STAFF
EXCLUSIVE

0510-matthew-knowles-gettyThe Good News: Beyonce's dad, Mathew Knowles, raked in BOATLOADS of cash during the years he managed B's career ... we're talkin' millions.

The Bad News: The IRS says he still owes all sorts of taxes on some of that income -- over $1.2 MILLION.

Uncle Sam just filed a ridiculously large lien against Knowles, claiming he needs to cough up some cash from the years 2010 ($485,575.95) and 2011 ($728,004.89) ... all totaled, $1,213,580.84.

It's no wonder the bill is so high ... Beyonce is arguably one of the highest grossing musical talents OF ALL TIME -- and during the years 2010 and part of 2011 MK was still managing her career. Not to mention his slew of other projects, including his own record label.

Seriously, when your tax bill is over a million ... you're pretty rich.

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42 COMMENTS

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16.

KicksandGiggles    

Maybe if he wasn't so busy fathering kids with women other than his wife, he would have had time to review his business manager & acct's work every now and then. Darn that Karma!!!

529 days ago
17.

skittlesbreaker19    

Who cares! 80% of Hollywood owes back taxes

529 days ago
18.

PurpleRain    

Beyonce should just write a check after all we wouldn't know who Beyonce is without him.

529 days ago
19.

DuckfaceJones    

I hate that entire family. Tell Beyonce to chip in w/the money she made by performing for Qadaffi's son. Or if she's spent it, tell her to go perform for another terrorist for $ to help her dad out.

Oh, and if ur going to vote for a "President" that extorts money from successful ppl via "taxes" u should make it a point to pay up willfully instead of the IRS having to track ur ass down.

529 days ago
20.

Mr. Bean    

That's a big problem!

529 days ago
21.

Kitten    

What is it with famous people they think they don't have to pay taxes or respect people's spiritual rights or teach people how to pray to God so that they can understand each other.

529 days ago
22.

Blonde    

Why are the rich people always the ones who owe back taxes? Do they think they are above everyone else and just don't have to pay.... SMH..

529 days ago
23.

lacabrera    

What's wrong with this Blacks entertainers ,they don't like paying taxes ?

529 days ago
24.

LOL!    

Hes probably laughing uncontrollably, that's probably what he pays the guy that pooper scoops for him!

529 days ago
25.

mystic    

they just dont get it no you dont get to keep evrything you make this is not the cayman islands dum assssssss

529 days ago
26.

marychase    

He and Lauren Hill will be doing time together . . . he he he

529 days ago
27.

sunnyg59    

Another one when does it end... I sincerely hope that this situation has a positive ending. Hate to see another black celebrity, Man Down!!!! typical stereotype that would certainly suck......

529 days ago
28.

GotSmile    

No Problem, he gotta a daughter who makes that much money a night doing a show... these people live in high numbers brackets and a million is what one of their rings costs .... obviously they feel entitled and aren't paying their debts to the government or else Daddy's name would not be in the headlines today... they have power if they choose to use it

529 days ago
29.

NYCBlackMan    

WHAT A DUMB BLACK MAN..................HAVING A KID WITH A JUMP-OFF AND CHEATING ON YOUR WIFE?????? WHEN WILL WE WAKE THE **** UP??????? TRUTH!

528 days ago
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