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Dionne Warwick Files for Bankruptcy, Owes $10M in Taxes

Says she makes just $10 a month after expenses
By Evann Gastaldo,  Newser Staff
Posted Mar 27, 2013 9:56 AM CDT

(Newser) – The latest celebrity with big-time tax trouble: Dionne Warwick. The 72-year-old singer has filed for bankruptcy, TMZ reports. She owes $10.2 million in back taxes that have been accruing since 1991. Almost $7 million of that is owed to the IRS, and the rest to California, the BBC reports. She also has $20,000 in credit card debt and owes $500,000 to a former manager, Radar reports. Her rep blames the whole thing on bad financial management, and says Warwick has actually paid the taxes but still owes penalties and interest.

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In her filing, she claimed she makes just $10 a month after paying all her expenses. Of course, those expenses include a monthly $5,000 housekeeping bill and $4,000 per month for a personal assistant. Click for more celebs who've been in the same boat. (Read more back taxes stories.)

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