Photo Credit: Quavo by Erik Drost / CC by 2.0
The IRS files a massive federal tax lien against Quavo, seeking just under $3 billion in a debt they say has been accruing since 2021.
New legal filings show the IRS is seeking approximately $2,912,644.33 from Quavo in a tax debt they say has been accruing since 2021. Notably, this massive tax lien specifically targets his 11,000-square-foot mansion in Alpharetta, Georgia, as well as his other property rights. The government warns that if the balance remains unpaid, his property could be seized and sold.
According to the government’s filings, Quavo owed around $915,660 in 2021, and another $887,486 in 2022. The largest debt comprises $1,109,497.79—though it’s not clear whether this belongs to the 2023 tax year or the 2024 tax year; TMZ says it’s the former, while Billboard says it’s the latter.
The timing of the government’s filing is interesting, given the ongoing turmoil surrounding other Migos members. In January, Offset resolved his own $1.575 million federal tax lien stemming from the 2022 tax year, as well as a bill for $486,426.35. But it remains to be seen whether Quavo will follow suit and pay his debt, or if he’ll take steps to fight it.
Quavo has talked about his finances in the past, namely in a 2023 interview in which he explained how the music industry had strengthened his money management skills, teaching him “how to spend [money], how to use it, how to save it… just learning how to manage it with taxes and all that shit.”
“When we first came in [to the industry], we were 22 when we got the money,” he said. “Fast money. We didn’t have no bank account for five, six years straight. Shit, we used to hide money in the floors, in the walls, and shit like that.”
It’s a high-profile matter, not just because of the sheer amount allegedly owed, but because of Quavo’s ongoing presence in the music zeitgeist, namely a collaboration with Pharrell Williams. Williams was recently seen previewing new music at a Louis Vuitton show in Paris, and Quavo said they recorded the album at the Louis Vuitton headquarters.