Ex-NBA Star Allen Iverson Allegedly Owes $200,000 in Back Taxes
By TheBlast Staff on September 11, 2018 at 5:01 AM EDT
Allen Iverson apparently does not partake in two things: practice and paying taxes.
According to court documents obtained by The Blast, the Georgia Department of Revenue recently hit the NBA legend with a tax lien, claiming Iverson owes taxes for the years 2012 and 2013.
Iverson allegedly owes $25,643.12 from 2012 and $174,465.25 from 2013. The unpaid debt has swelled over the years with $44k in interest and $27k in penalties tacked on for not paying on time. All told, Iverson owes $200,108.37.
Allen and his ex-wife, Tawanna Iverson, settled their divorce in 2013 and he had to fork over $3 million to end the battle.
As part of the divorce, it was revealed that Iverson signed a deal with Reebok in 2001 that put $32 million of his deal into a trust that he can’t touch until he is 55 years old, meaning he can’t try and use that money to pay off his tax debt.
His last year in the NBA was 2010.
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