Terrence Howard Allegedly Owes Hefty 6-Figure Tax Bill! The Empire star is once again on the hook for a 6-figure tax bill.
Read on for more details on Terrence Howard owing back taxes that are said to be 6-figures…
CelebNMusic247.com reports that one particular Empire star (whisper – Jussie Smollett) might be rubbing off on his co-stars now that Terrence Howard is said to be owing the IRS back taxes.
According to reports by The Blast, Terrence Howard allegedly needs to pay up on a hefty $140,000 tax bill.
The site claims the State of California Franchise Tax Board hit the actor with a lien earlier this year, claiming he owes $143,538.61 for taxes owed back in 2010, plus interest and penalties for not paying the amount on time.
Bossip reports:
The document warns Howard if he does not settle up the outstanding debt, the government could begin attempting to seize his property and assets. The Empire star is no stranger to being hit with some hefty liens, as the same thing has happened before in the past, including owing the IRS $1.1 million back in 2010 and one in 2006 for over $600,000. Both of those previous liens appear to have been settled over the years.
Even while dealing with his own financial struggles, the actor is standing by his Empire co-star Jussie Smollett. Back in February, he shared a video of his TV son along with a caption that read:
All your lil homies got you…We love the hell outta you.
Ironically, Smollett also owes some money and the City of Chicago is currently preparing a civil lawsuit but the actor is REFUSING to pay back $130,000 the city officials spent on his investigation.
